The Company is a statistical consulting firm with clients of pharmaceutical companies, including contract research organizations (CROs). It specializes in supporting statistical data analysis and reporting for clinical and outcome research, and is a key player in assisting pharmaceutical companies throughout the US and internationally win new drug approvals from the FDA.
Experts from the Company analyze clinical trial data and report them per industry standards to assist in winning FDA approvals. When clinical trial raw data becomes available to the Company, usually hundreds of millions of dollars in R&D have already been spent. As a result, it is critical to get this valuable data analyzed and reported with speed and a high degree of accuracy so the high-cost clinical trials can be successfully completed.
The Company operates virtually - employees and contractors operate either from a home office or from a client's location. Its core staff totals 15 full-time employees and 5 to 6 part-time employees (and several additional contractors depending on the workload).
About the Business
Number of Employees:
Growth & Expansion:
The Company experienced strong revenue growth over the last three years, increasing an average 16.8% per year. EBITDA consistently increased from 7.4% to 10.3% of sales over the same period. Many of the Companys key employees and managers have long histories in the industry. This wealth of experience and expertise provides it with a significant intangible value and advantage over many competitors. Revenue for US drug production is forecast to grow at a CAGR of 3% between 2015 and 2019, based on changes in physical volume and unit prices.
Asking Price: $3,500,000 Gross Revenue: $3,800,000Cash Flow: Not DisclosedEBITDA: $700,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Statistical Analysis Consultant to Pharmaceutical Companies
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