Veranex

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Dedicated to partnering with global healthcare companies and innovators At every stage, we navigate our clients to realize efficiencies in cost and time with our integrated and comprehensive solutions. In 2020 David Dockhorn, M.S., Ph.D., and Patrick Donnelly decided to fill a long-held gap in the MedTech industry. Bringing together the industry’s leading companies, they formed the first end-to-end, integrated service provider solely devoted to MedTech. In June 2021 private equity firm Summit Partners acquired Boston Healthcare Associates, Ximedica, and Quartesian, rolling them into Veranex. Experien Group came on board in July 2021 and IMMR joined in October 2021. Veranex then acquired Worrell in December 2021 followed by Medidee coming onboard in September 2022.

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2.7

Overall Excellence Rating

Industry

Healthcare

Category

Health Care Products Manufacturing

ESG/Ethical Impact

Consulting Services: Veranex’s consulting services to life sciences companies might include advising on sustainable and environmentally responsible practices in product development, manufacturing, and distribution. Supply Chain Management: The company could assist clients in evaluating and enhancing the sustainability of their supply chains, which could lead to reduced environmental impact. Regulatory Compliance: Veranex might help clients navigate environmental regulations and standards relevant to the life sciences industry, contributing to better environmental practices.Veranex’s work in the life sciences industry indirectly contributes to improving public health through the development and quality assurance of pharmaceuticals, medical devices, and diagnostics. Quality and Safety: The company’s services may enhance the quality and safety of products in the life sciences sector, positively impacting patients and consumers.Veranex’s governance structure likely includes a leadership team responsible for strategic decisions and ethical practices. Ethical Consulting: The company may uphold high ethical standards in its consulting services, ensuring compliance with regulatory requirements and ethical considerations. Regulatory Compliance: Veranex might assist clients in adhering to regulatory standards, promoting good governance practices within the life sciences industry.Veranex’s ESG efforts could contribute to its long-term financial success by enhancing its reputation, attracting responsible clients, and improving operational efficiency. Industry Expertise: The company’s specialization in life sciences consulting might lead to sustained demand for its services, enhancing its financial performance. Operational Efficiency: By helping clients optimize their operations, Veranex may achieve cost savings and operational improvements. Investor Confidence: Strong ESG performance can attract investors who prioritize companies with responsible and ethical business practices.Transparency: Veranex’s services may involve transparent communication with clients regarding regulatory compliance, quality standards, and best practices. Data Privacy: Given the sensitivity of client information, the company might prioritize data privacy and security.

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Awards Received

2023

Revenues

$13,000,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

3.7

Company Size

1000-5000

ESG Risk Rating

3

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