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Omnicomm Systems, Inc

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Omnicomm Systems, Inc - Healthcare showcase

Year Founded & Workforce

1997

150 Employees

Industry

Healthcare

Services

SolutionsProductsServicesOthers
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Omnicomm Systems, Inc Overview

Company Headquarters: Fort. Lauderdale, Florida, US

Founded: 1997

Workforce: 150 +

Company Working: Omnicomm Systems, Inc. is involved in developing and marketing strategic software solutions for clinical trials. The company focuses on developed as well as emerging markets. It is a major player in the eClinical solutions market. It provides clinical trial solutions to the pharmaceutical, biotechnology, contract research organizations, diagnostic and device firms, and academic medical centers. It was involved in more than 6000 clinical trials and present in more than 60 countries. The company serves in more than 30 therapeutic areas.

Strategy

Omnicomm Systems, Inc. focuses on tapping emerging markets with the high potential to increase its geographical presence. Moreover, it aims to increase its focus on investments for further research and development for its future growth. It also focuses on the retention of customers from developed regions through strong collaborative activities and to comply with local regulations and business ethics.

Company Snapshot

$25.42M

Revenue

150

Employees

1997

Founded

Fort. Lauderdale, Florida, US

Headquarters

SWOT Analysis

Strengths

  • Worldwide presence
  • Well-established product portfolio
  • Strong distribution network

Weaknesses

  • Limited presence in developing economies
  • Poor supply chain management

Opportunities

  • Business expansion in the healthcare segment through investments in mergers and acquisitions
  • New product launches

Threats

  • Company may not achieve its financial goals
  • Government regulations for product approvals
  • Unfavorable reimbursement policies may hamper the business growth

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Product Offering

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Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 25.4 Mn in 2016 to USD 27 Mn in 2017.
Omnicomm Systems, Inc — By Business Segment
Series (USD Mn)20162017
Sales25.427

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