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Accelero Sees 23% Sales Revenue Increase in 2017 - 9% Operating Profit Margin
Berlin, January 17, 2018
Accelero Bioanalytics GmbH is a GLP certified contract research service provider for regulatory drug development, and maintains biosafety level 2 laboratories in compliance with ICH GCP regulations.
The company is pleased to announce the successful closing of the fiscal year 2017. In comparison to the previous year, the sales revenue increased by 23% (in 2016: 57%).
Accelero´s benchmarking services for advanced therapies based on human cells, microbial cells, as well as viral vectors are widely recognized. Numerous non-clinical and clinical studies have been performed to support the development of Advanced Therapy Medicinal Products (ATMP) for Accelero´s international clients from seven countries.
The operating profit margin could be increased to 9% of the sales revenues (in 2016: 5.9%). 100% of the revenues have been reinvested in the company to sustain Accelero´s growth.
The annual financial statement will soon be published in the German Bundesanzeiger.
Accelero would like to thank its clients for their trust and confidence in the services.
A special word of thanks goes to all “Acceleros” in the team – without a dedicated team spirit this positive company development would not have been possible!
The team is looking forward forming a symbiotic relationship to innovative customers developing groundbreaking living therapies.