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TFS - About the company

TFS is an acquired company based in Lund (Sweden), founded in 1996 by Daniel Spasic. It operates as an A global mid-service CRO providing clinical research services. The company has 367 active competitors, including 13 funded and 111 that have exited. Its top competitors include companies like Novotech, Emmes and Syneos Health.

Company Details

TFS is a clinical Contract Research Organization providing clinical research services to pharmaceutical, healthcare, life sciences, biotech and medical device companies. Their services include Scientific advice, Product development consulting, Proof of concept, PK/PD Modelling and simulation, Protocol design, Regulatory affairs strategy, Preparation and submission of CTA/ITA, IND, PMA/510(k), Interaction with regulatory agencies world-wide, Orphan Drug Designations and Pediatric Investigational Plans.
Website
tfscro.com
Social
Twitter
Email ID
*****@tfscro.com
Key Metrics
Founded Year
1996
Location
Lund, Sweden
Stage
Acquired
Ranked
Employee Count
103 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Ratos (Sep 07, 2015)

Legal entities associated with TFS

TFS is associated with 1 legal entity given below:
Legal Entity Name
Date of Incorporation
Revenue
Net Profit
Employee Count
Dec 31, 1999
-
595
176

TFS's acquisition details

TFS got acquired by Ratos on Sep 07, 2015. It was facilitated by William Blair.
Click here to take a look at TFS's acquisition in detail

TFS's funding and investors

TFS has not raised any funding rounds yet.

TFS's founders and board of directors

Founder? Claim Profile
The founders of TFS is Daniel Spasic. Bassem Saleh and Markus Granlund are the CEO of TFS.

TFS's employee count trend

TFS has 103 employees as of Dec 22. The total employee count is 58.0% more than what it was in Dec 21. Here is TFS's employee count trend over the years:
Employee count trend for TFS
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TFS's Competitors and alternates

Top competitors of TFS include Novotech, Emmes and Syneos Health. Here is the list of Top 10 competitors of TFS, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Novotech
Novotech
2002, Sydney (Australia), Acquired
Full-service CRO focused exclusively on Asia Pacific
$255M
73/100
2nd
Logo for Emmes
Emmes
1977, Rockville (United States), Acquired
Provider of outsourced CRO services
-
69/100
3rd
Logo for Syneos Health
Syneos Health
1984, Raleigh (United States), Public
Provider of CRO clinical development
-
67/100
4th
Logo for Veristat
Veristat
1994, Southborough (United States), Acquired
CRO for clinical trials and regulatory submission
-
66/100
5th
Logo for ClinChoice
ClinChoice
1995, Fort Washington (United States), Series E
CRO focused on data management, regulatory affairs and consulting services
$212M
63/100
6th
Logo for TFS
TFS
1996, Lund (Sweden), Acquired
A global mid-service CRO providing clinical research services
-
-
62/100
7th
Logo for Medelis WCCT Global
Medelis WCCT Global
1998, Cypress (United States), Acquired
Full-service CRO with expertise in influenza research and oncology
$17M
59/100
8th
Logo for Parexel
Parexel
1983, Waltham (United States), Acquired
Global full-service CRO
-
59/100
9th
Logo for hVIVO
hVIVO
1998, London (United Kingdom), Public
Provider of cell based assays, field trial, and molecular services for biopharma sector
-
59/100
10th
Logo for Celgene
Celgene
1986, Summit (United States), Acquired
Developer of therapies for treating cancer and inflammatory diseases
$45M
59/100
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TFS's Investments and acquisitions

TFS has made no investments or acquisitions yet.

Reports related to TFS

Here is the latest report on TFS's sector:

News related to TFS

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Media has covered TFS for a total of 10 events in the last 1 year, 6 of them have been about people movement and 4 about partnerships.
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FAQ's about TFS

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