Novum Pharmaceutical Research Services

Pittsburgh, United States Founded: 1972 • Age: 54 yrs Acquired By Lambda Therapeutic
Early phase clinical trials are managed by full-service CRO.

About Novum Pharmaceutical Research Services

Novum Pharmaceutical Research Services is a company based in Pittsburgh (United States) founded in 1972 was acquired by Lambda Therapeutic in January 2019.. The company has 126 employees as of December 31, 2021. Novum Pharmaceutical Research Services offers products and services including Clinical Trial Management, Bioanalytical Services, Scientific Affairs, and Data Management. Novum Pharmaceutical Research Services operates in a competitive market with competitors including Celgene, Syneos Health, Medelis WCCT Global, Parexel and Emmes, among others.

  • Headquarter Pittsburgh, United States
  • Employees 126 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Novum Pharmaceutical Research Se
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    126

    as on Dec 31, 2021

  • Acquired by
    Lambda Therapeutic

    (Jan 29, 2019)

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Products & Services of Novum Pharmaceutical Research Services

Novum Pharmaceutical Research Services offers a comprehensive portfolio of products and services, including Clinical Trial Management, Bioanalytical Services, Scientific Affairs, and Data Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages phases II-IV trials for pharmaceutical drug development.

Conducts testing for biosimilars and early drug analysis.

Provides expertise in clinical research operations and compliance.

Handles data collection and analysis for clinical studies.

Funding Insights of Novum Pharmaceutical Research Services

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Novum Pharmaceutical Research Services

Novum Pharmaceutical Research Services has secured backing from 1 investor. Prominent investors backing the company include Lambda Therapeutic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
CRO with operations in India, US, Poland, Canada and UK. Winner of Frost & Sullivan 'CRO of the Year' - 2010
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Novum Pharmaceutical Research Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Novum Pharmaceutical Research Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Novum Pharmaceutical Research Services Comparisons

Employees
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Competitors of Novum Pharmaceutical Research Services

Novum Pharmaceutical Research Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Celgene, Syneos Health, Medelis WCCT Global, Parexel and Emmes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Therapies for cancer and inflammatory diseases are developed.
domain founded_year HQ Location
CRO clinical development services are provided by Syneos Health.
domain founded_year HQ Location
Full-service CRO expertise in influenza and oncology research is offered.
domain founded_year HQ Location
Full-service clinical research organization services are provided globally by Parexel.
domain founded_year HQ Location
Outsourced contract research organization services are provided to clients.
domain founded_year HQ Location
Global full-service CRO services are delivered in over 80 countries.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Novum Pharmaceutical Research Services

Frequently Asked Questions about Novum Pharmaceutical Research Services

When was Novum Pharmaceutical Research Services founded?

Novum Pharmaceutical Research Services was founded in 1972.

Where is Novum Pharmaceutical Research Services located?

Novum Pharmaceutical Research Services is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

How many employees does Novum Pharmaceutical Research Services have?

As of Dec 31, 2021, the latest employee count at Novum Pharmaceutical Research Services is 126.

What does Novum Pharmaceutical Research Services do?

Novum Pharmaceutical Research Services is a full-service CRO offering its services for both early and late phase clinical trials. Their service portfolio includes protocol development, project management, site identification (in the USA, Puerto Rico And Central America), study conduct and monitoring, clinical trial management, medical writing, participant recruitment, data management biostatistics, quality assurance, medical affairs and bioanalytical management and IRB services. Novum claims to have expertise in conducting early stage clinical trials such as FIHSADMAD, PKPD, cardiac safety, BABE and drug interaction studies. The company has handled clinical trials in therapeutic areas such as respiratory diseases, gastroenterology, orthopaedics, dermatology, womens health and otology. Early phase research is conducted in their clinical pharmacology units in Texas, North Dakota and Nevada, while late phase research activities are coordinated through their headquarters in Pennsylvania.

Who are the top competitors of Novum Pharmaceutical Research Services?

Novum Pharmaceutical Research Services's top competitors include Emmes, Syneos Health and ClinChoice.

What products or services does Novum Pharmaceutical Research Services offer?

Novum Pharmaceutical Research Services offers Clinical Trial Management, Bioanalytical Services, Scientific Affairs, and Data Management.

Who are Novum Pharmaceutical Research Services's investors?

Novum Pharmaceutical Research Services has 1 investor. Key investors include Lambda Therapeutic.

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