Precision Medicine Group
↗Bethesda, USA
Precision Medicine Group (PMG) is a leading specialized services company that supports pharmaceutical and life sciences companies in the development and commercialization of next-generation therapies. The company operates through two primary arms: Precision for Medicine, a global clinical research organization (CRO) with specialized laboratory services, and Precision Value & Health, which focuses on market access and commercialization strategies.
Headquartered in Bethesda, Maryland, PMG provides an integrated infrastructure that delivers critical insights into patient biology from early development through approval. Their services include biomarker-driven clinical trials, specialty lab services (genomics, immunology, etc.), and advanced data science applications to optimize drug development in the era of personalized medicine.
CLASSIFICATION
Company Type:CRO
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Clinical Research Organization (CRO)
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$500M-$1B
Founded:2012
Ownership:private
Status:operating
FUNDING
Stage:Private Equity
Total Raised:$584.7M
Investors:Blackstone, TPG, Berkshire Partners, Oak HC/FT, Vida Ventures
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Service Provider)
Modalities:Small molecule, mAb, Cell therapy, Gene therapy, RNA
Active Trials:150
Trial Phases:Phase 1: 45 | Phase 2: 60 | Phase 3: 40 | Phase 4: 5
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Precision for Medicine, Precision Value & Health, Agility Clinical, ApoCell, Algorics
Key Partnerships:Epic (Precision Oncology), Guardant Health (Diagnostics integration), Foundation Medicine (Biomarker data)
COMPETITION
Position:Leader
Competitors:Syneos Health, Parexel, LabCorp (Covance), Charles River Laboratories, IQVIA
LEADERSHIP
Key Executives:
Margaret Keegan - CEO
Mark Clein - Executive Chairman & Co-Founder
Scientific Founders:Mark Clein, Ethan Leder
Board Members:Representatives from Blackstone, Representatives from TPG
LINKS
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