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Medpace
AddedFeb 19, 2024
UpdatedJul 3, 2026
Medpace

Medpace

Public

Medpace, a global clinical research organization, accelerates the development of safe, effective medical therapeutics.

HQ
Cincinnati, OH, US
Founded
1992
Overview
Compare
Employees
Website

Medpace, founded in 1992 and headquartered in Cincinnati, Ohio, is a global clinical research organization (CRO) dedicated to accelerating the development of safe and effective medical therapeutics. The company provides comprehensive support services to pharmaceutical, biotech, and medical device companies, leveraging its deep therapeutic expertise in areas such as oncology, cardiology, metabolic disease, endocrinology, and the central nervous system. Medpace operates in over 40 countries, emphasizing a high science and disciplined operating approach to meet regulatory requirements and advance medical innovations.

Notable figures affiliated with Medpace include August J. Troendle, who serves as CEO and Chairman of the Board of Directors. The company is publicly traded on the Nasdaq under the ticker MEDP and is a component of the S&P 400. Medpace has achieved significant milestones, including generating $1.46 billion in revenue in 2022 and employing approximately 5,400 people by 2023. Its impactful contributions to the clinical research industry have facilitated the global development of numerous medical therapeutics, underscoring its role as a pivotal player in advancing healthcare solutions.

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Medpace - Quick Facts

Who are Medpace's competitors?

Companies similar to Medpace include Medable, Dmed, Quintiles and Syneos Health.

When was Medpace founded?

Medpace was founded in 1992.

Where is Medpace's headquarters located?

Medpace's headquarters is located in Cincinnati, OH, US.

How many employees does Medpace have?

Medpace has 5,200 employees as of Feb 12, 2024.

Medpace - Classification

Industry
  • Professional Service Companies
Ownership
  • Public
Technology
  • HealthTech
Geographic Exposure
  • Global
Customer
  • Enterprise
Main Product
  • Clinical Research
Tags
  • Biotech
  • Consulting
  • CRO
Unique IDs
  • ein: 320434904
  • secCik: 0001668397
  • ticker: MEDP
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541713Research and Development in Nanotechnology
  • 541000Professional, Scientific, and Technical Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
ISIC
  • 7210Research and experimental development on natural sciences and engineering
Show 24 more industry codes
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 541714Research and Development in Biotechnology (except Nanobiotechnology)
  • 610000Educational Services
  • 611300Colleges, Universities, and Professional Schools
  • 611310Colleges, Universities, and Professional Schools
  • 620000Health Care and Social Assistance
  • 325000Chemical Manufacturing
  • 611000Educational Services
  • 623000Nursing and Residential Care Facilities
  • 325410Pharmaceutical and Medicine Manufacturing
  • 325412Pharmaceutical Preparation Manufacturing
  • 541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
SIC
  • 8220Colleges, Universities, Professional Schools, And Junior Colleges
  • 8221Colleges, Universities, And Professional Schools
  • 2800Chemicals And Allied Products
  • 6000Depository Institutions
  • 8200Educational Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 2830Drugs
  • 8290Schools And Educational Services, Not Elsewhere Classified
  • 8730Research, Development, And Testing Services
  • 2834Pharmaceutical Preparations
  • 8731Commercial Physical and Biological Research