Precision for Medicine

Bethesda, United States Founded: 2013 • Age: 13 yrs
Company offering specialised RD and clinical development services for the development of precision medicine based drugs and devices
Annual revenue - Latest available
Total funding $150.0M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Precision for Medicine

Precision for Medicine is a company based in Bethesda (United States) founded in 2013. Precision for Medicine has raised $150 million across 3 funding rounds from investors including TPG, J.H. Whitney Capital Partners and Oak Investment Partners. Precision for Medicine offers products and services including CRO Services, Lab Services, and Biospecimens. Precision for Medicine operates in a competitive market with competitors including Charles River Laboratories, LabCorp, Cytel, Precision Medicine Group and Veeda Clinical Research, among others.

  • Headquarter Bethesda, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Precision Medicine Group, Llc
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $150 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    TPG

    & 2 more

  • Employee Count
    Not available
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Products & Services of Precision for Medicine

Precision for Medicine offers a comprehensive portfolio of products and services, including CRO Services, Lab Services, and Biospecimens.

Product name locked
Category locked
Primary

Manages trials for drug development and patient recruitment.

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Performs immune monitoring and genomics for research support.

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Provides collections for therapeutic area studies and diagnostics.

People of Precision for Medicine

Headcount 1000-5000
Employee Profiles 287
Employee Profiles
People
Sherma Winston
Senior Director, IVD Regulatory Consulting
People
Nikita Natekar
Accounts Payable Analyst
People
Swapnali Toradmal
Accounts Payable Analyst
People
Jenny Brown
Director, Biospecimen Business Solutions

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Funding Insights of Precision for Medicine

Precision for Medicine has successfully raised a total of $150M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Precision for Medicine

Precision for Medicine has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TPG, J.H. Whitney Capital Partners and Oak Investment Partners.

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Venture Fund
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
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Venture capital investments are made in disruptive growth companies.
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Investor details for Precision for Medicine

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  • Participation history

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Investments & Acquisitions by Precision for Medicine

Investments
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Investment portfolio details for Precision for Medicine

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Financial Statements - Precision for Medicine

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Detailed financials for Precision for Medicine

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Precision For Medicine Comparisons

Precision for Medicine Primary company
Description
Company offering specialised R&D and clinical development se...
Location
Bethesda, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Precision for Medicine

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Competitors of Precision for Medicine

Precision for Medicine 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 Charles River Laboratories, LabCorp, Cytel, Precision Medicine Group and Veeda Clinical Research, among others.

Company Name Domain Founded year HQ Location Description
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Provider of drug discovery and preclinical development services
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Provider of laboratory tests for physicians
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Data analysis and statistical solutions are provided for life sciences.
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Provider of clinical research, development, and commercialization services for life sciences
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Drug development services encompassing clinical trials, bioanalytical support, and real-world evidence in healthcare.
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Detailed competitors of Precision for Medicine

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Latest news on Precision For Medicine

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Complete news archive for Precision for Medicine

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Frequently Asked Questions about Precision for Medicine

Precision for Medicine was founded in 2013.

Precision for Medicine is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.

Precision for Medicine is a funded company, having raised a total of $150M across 3 funding rounds to date.

Precision for Medicine is a part of the Precision for Medicine Group along with Precision for Value (Offering market access and outcomes services) and Precision Effect (offering branding and engagement services). Precision For Medicine is a specialised services company supporting pharmaceutical and life sciences companies in the development of precision medicine in RD. The company offers specialised biomarker, laboratory, and clinical trial services as well as the necessary regulatory expertise to facilitate the research and development of precision medicine based drugs and devices. They have a team of scientists, clinical trial professionals and technical specialists who offer their services for biomarker (with focus on oncology biomarkers) identification through analysis of omics and clinical data, integrated and global clinical trial services, biorepository and specialty laboratory (including custom assay development, including molecular, cellular and immunological assays) services , companion diagnostic product development, regulatory solutions and IVD and medical device studies. The company acquired ACT Oncology (now Precision Oncology, an Oncology CRO) and Applied Immunology (a bioanalytical CRO developing, validating and implementing cell-based and immunological assays for drug development) to boost its offerings.

Precision for Medicine's top competitors include LabCorp, Charles River Laboratories and Cytel.

Precision for Medicine offers CRO Services, Lab Services, and Biospecimens.

Precision for Medicine has 3 investors. Key investors include TPG, J.H. Whitney Capital Partners, and Oak Investment Partners.

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