Element Research Group
↗Brooklyn Park, Minnesota, USA
Element Research Group (ERG) is a specialized Contract Research Organization (CRO) based in Minneapolis, Minnesota, that provides comprehensive preclinical and clinical research services. The company focuses on accelerating medical innovations by offering expert-led testing for medical devices and pharmaceuticals, ranging from early-stage proof-of-concept to GLP safety testing and physician evaluation.
Founded by industry veteran Stephanie Fettig-Scholl, the company operates out of a state-of-the-art facility formerly owned by NAMSA. In 2024, ERG expanded its service offerings to include comprehensive clinical support, bridging the gap between preclinical data and human trials. The company is a woman-owned business and is recognized for its expertise in medical device testing and its collaborative, client-focused approach to research and development.
CLASSIFICATION
Company Type:CRO
Therapeutic Areas:
Industry:CRO
Sub-Industry:Preclinical and Clinical Research Services
SIZE & FINANCIALS
Employees:51-200
Revenue:<$5M
Founded:2019
Ownership:private
Status:operating
FUNDING
Stage:Debt
Total Raised:$2.3M
Investors:Brooklyn Park Development Corporation (BPDC), Hennepin County (ARPA funds)
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Service Provider)
Modalities:Small molecule, Medical Devices (Class II/III), Biopharmaceuticals
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Medical Alley Association (Member), AAALAC International (Accredited), USDA (Licensed Research Facility)
COMPETITION
Position:Niche Player
Competitors:NAMSA, Charles River Laboratories, WuXi AppTec, Evolution Research Group (ERG) - Note: Large clinical site network often confused by name, Element Research Group (San Antonio) - Note: Separate clinical site entity
LEADERSHIP
Key Executives:
Stephanie Fettig-Scholl - CEO & Founder
Scientific Founders:Stephanie Fettig-Scholl
LINKS
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