Syneos Health

Syneos Health

Clinical studies contract research organization. Learn more

Launch date
Employees
Market cap
€4.1b
Enterprise valuation
€6.6b (Public information from Sep 2023)
Morrisville North Carolina (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201720182019202020212022
Revenues2.7b4.4b4.7b4.4b5.2b5.4b
% growth-64 %7 %(6 %)18 %3 %
EBITDA132m462m567m578m656m700m
% EBITDA margin5 %11 %12 %13 %13 %13 %
Profit(138m)24.3m131m193m235m266m
% profit margin(5 %)1 %3 %4 %5 %5 %
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DateInvestorsAmountRound
-

N/A

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$475m

Debt
N/A

N/A

IPO

N/A

Post IPO Equity
*

$4.6b

Merger
*

$4.5b

Valuation: $7.1b

1.3x EV/LTM Revenues

10.1x EV/LTM EBITDA

Buyout
Total Funding-

Recent News about Syneos Health

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More about Syneos Healthinfo icon
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Syneos Health is a global biopharmaceutical solutions company that provides integrated, end-to-end clinical and commercial solutions. The company serves a wide range of clients, including biopharmaceutical companies, healthcare organizations, and private investment firms. Operating in the healthcare market, Syneos Health's business model is centered around providing specialized expertise and insights to accelerate therapies to market.

Syneos Health makes money by offering a suite of services that span the entire clinical-to-commercial spectrum. These services include strategic insight, scientific expertise, organizational excellence, and purposeful engagement. The company uses advanced technologies and artificial intelligence (AI) to deliver these services, which are designed to improve performance, reduce risk, and speed up the delivery of therapies to patients worldwide.

One of Syneos Health's key offerings is Kinetic, a modern customer engagement capability that uses advanced targeting, analytics, and the latest technologies to provide fully integrated omnichannel solutions to healthcare organizations. Another offering is Syneos One, an insights-driven asset development methodology that combines asset strategy and execution to maximize value from early concept through commercialization.

In summary, Syneos Health is a committed partner to its clients, providing specialized expertise and insights to help them succeed in the fast-paced and complex healthcare market.

Keywords: Biopharmaceutical Solutions, Clinical-to-Commercial Services, Healthcare Market, Specialized Expertise, Artificial Intelligence, Performance Improvement, Risk Reduction, Therapy Acceleration, Customer Engagement, Asset Development.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Syneos Health

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Synteract
ACQUISITION by Syneos Health Oct 2020
StudyKIK
ACQUISITION by Syneos Health Sep 2021
RxDataScience
ACQUISITION by Syneos Health Oct 2021
RxCentric
ACQUISITION by Veradigm (Allscripts Healthcare Solutions) Aug 2003
Illingworth Research
ACQUISITION by Syneos Health Dec 2020
Kinapse
ACQUISITION by Syneos Health Aug 2018
PharmaNet
ACQUISITION by Syneos Health May 2011
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