About Spectrum Clinical Research
Spectrum Clinical Research is a Healthcare company based in Mumbai (India) by Viral Shah. It offers patient-focused drug development and research support for pharmaceutical firms in India. It operates on a B2B model. Its Indian entity Spectrum Clinical Research Private Limited reported revenue of ₹7.52 Cr. Spectrum Clinical Research offers products and services including Clinical Research Services and Therapeutic Expertise Services. Its focus areas include Therapeutic Expertise, Specialized Medicine, Clinical Trials and Clinical Research.
Company details
Spectrum Clinical Research is a contract research organization based in Mumbai, India, specializing in clinical trials and drug development. It provides quality support to pharmaceutical companies and other organizations for developing new chemical entities and innovative therapies. The company emphasizes patient safety, ethical standards, and compliance with regulations like ICH and USFDA. Through strategic partnerships, it extends expertise in areas such as cardiology and oncology, facilitating faster and accurate clinical development.
- Headquarters Mumbai, India
- Founders Viral Shah
- SectorsHealthcare
- Email••••••••
- Website spectrumcr.com
- Legal Name Spectrum Clinical Research Private Limited
- Date of Incorporation 22 Jun, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.52 Cr
FY 2024 · +19% YoY
- Net Loss-₹2.61 Cr
FY 2024 · -35% margin
- EBITDA-₹2.13 Cr
FY 2024 · -28% margin
Associated legal entities of Spectrum Clinical Research
Spectrum Clinical Research is associated with 2 registered companies on The Company Check; the primary company is Spectrum Clinical Research Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spectrum Clinical Research Private Limited CIN U73200MH2006PTC162777 | Active | 22 Jun 2006 | Mumbai, Maharashtra | ₹7.5 Cr | 2 | View details | |
| Swarnalabh Mercantile Llp CIN AAV-7296 | Active | 04 Feb 2021 | Mumbai, Maharashtra | 2 | View details |
Products & Services of Spectrum Clinical Research
Spectrum Clinical Research offers a comprehensive portfolio of products and services, including Clinical Research Services and Therapeutic Expertise Services.
Supports drug development and trials for pharmaceutical companies
Provides expertise in areas like cardiology and oncology trials
Board of directors of Spectrum Clinical Research Private Limited (Spectrum Clinical Research)
Spectrum Clinical Research Private Limited is the primary company behind Spectrum Clinical Research. The boards of the 2 registered companies of Spectrum Clinical Research currently have 4 directors; the longest-serving is Rishita Viral Shah, appointed in 2021. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishita Viral Shah DIN 08947316 | Designated Partner | 04 Feb 2021 | 5 yrs 8 mo | Swarnalabh Mercantile Llp |
| Parul Viral Shah DIN 00182179 | Designated Partner | 04 Feb 2021 | 5 yrs 8 mo | Swarnalabh Mercantile Llp |
| Viral Chittaranjan Shah DIN 00133782 | Additional Director | 12 Feb 2022 | 4 yrs 8 mo | Spectrum Clinical Research Private Limited |
| Vimal Chandubhai Gadhiya DIN 09595024 | Director | 16 Aug 2023 | 3 yrs 2 mo | Spectrum Clinical Research Private Limited |
People of Spectrum Clinical Research
1 people are tracked at Spectrum Clinical Research (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, Medical Director | Leadership |
Complete people profiles for Spectrum Clinical Research
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Spectrum Clinical Research
Figures of Spectrum Clinical Research Private Limited, the primary company behind Spectrum Clinical Research, for FY 2024. Revenue was ₹7.52 Cr (+19% year on year). Net loss was -₹2.61 Cr (-35% margin). EBITDA was -₹2.13 Cr (-28% margin). Revenue has grown at a compounded annual rate of -5% over three years and +23% over five years.
- ₹7.52 CrRevenue · FY 2024 · +19% YoY
- -₹2.61 CrNet loss · -35% margin
- -₹2.13 CrEBITDA · -28% margin
- ₹10 LakhPaid-up capital
- -5%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spectrum Clinical Research Private Limited are on its company page.
Detailed financial statements for Spectrum Clinical Research
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Clinical Trials & Research Tech
2 companies that operate in the same segment as Spectrum Clinical Research (Clinical Trials & Research Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Drug development services encompassing clinical trials, bioanalytical support, and real-world evidence in healthcare. | 2004 | Ahmedabad, Gujarat, India | USD 50.52 M | 902 | ||
Generic injectables for oncology and anesthesiology are manufactured. | 1989 | Hyderabad, Telangana, India | USD 4.22 M | 228 |
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Frequently Asked Questions about Spectrum Clinical Research
Spectrum Clinical Research is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Spectrum Clinical Research, Spectrum Clinical Research Private Limited, reported revenue of ₹7.52 Cr for FY 2024, up 19% year on year.
Spectrum Clinical Research is a contract research organization based in Mumbai, India, specializing in clinical trials and drug development. It provides quality support to pharmaceutical companies and other organizations for developing new chemical entities and innovative therapies. The company emphasizes patient safety, ethical standards, and compliance with regulations like ICH and USFDA. Through strategic partnerships, it extends expertise in areas such as cardiology and oncology, facilitating faster and accurate clinical development.
Spectrum Clinical Research offers Clinical Research Services and Therapeutic Expertise Services.
Spectrum Clinical Research is associated with 2 legal entities: Spectrum Clinical Research Private Limited, Swarnalabh Mercantile Llp.
The legal entities of Spectrum Clinical Research currently have 4 directors, including Rishita Viral Shah, Parul Viral Shah, Viral Chittaranjan Shah and others.