CROFounded 1992

Medpace

Cincinnati, Ohio, United States

Full-service CRO focused primarily on small and mid-sized biopharma sponsors and complex therapeutic areas, bundling clinical trial management with in-house central lab, imaging, ECG, and bioanalytical services.

Segment
CRO
Headquarters
Cincinnati, Ohio, United States
Founded
1992
Website
www.medpace.com

Notable facts

  • Founded in Cincinnati, Ohio in 1992 by August J. Troendle, originally as Medical Research Services.
  • Went public on Nasdaq (ticker MEDP) via IPO in August 2017.
  • Revenue grew from about $0.27 billion in 2013 to $2.11 billion in 2024, with roughly 6,041 employees across 40+ countries as of 2025.
  • Broke ground in 2024 on a $327 million expansion of its Cincinnati (Madisonville) headquarters campus, adding a nine-story office building, a new Clinical Pharmacology Unit, and a parking garage.

Sourcing guides

Sources. This profile is compiled from public reference data, WebSearch-verified against source 1 · source 2. Data as of 2026-07-14. See methodology.

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