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Pace Analytical Services, LLC

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Pace Analytical Services, LLC - Healthcare showcase

Year Founded & Workforce

1978

2,500 Employees

Industry

Healthcare

Services

Pharmaceutical Analytical Testing Outsourcing
P

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Pace Analytical Services, LLC Overview

Company Headquarters: Minneapolis, MN

Founded: 1978

Workforce: 2500

Company Working: Pace Analytical Services, LLC (Pace) is an industry leader in sampling and analytical testing. The company provides analytical lab products for testing, staffing, and equipment with an extensive scope of services. Pace’s offers analytical testing and sampling for environmental, life sciences, GMP laboratory, and laboratory operations. The company has 32 environmental laboratories, six laboratory operation locations, four life sciences labs, and 48 service centers across the globe.

Strategy

Pace Analytical Services, LLC focuses on investing in highly trained scientific staff, instrumentation, and new and innovative methodologies to maintain accuracy and efficiency. The company offers advanced training programs which include an online learning management program and risk management programs throughout its laboratories. It also focuses on increasing its business by acquiring competing players and strategic partnerships with them as well.

Company Snapshot

2,500

Employees

1978

Founded

Minneapolis, MN

Headquarters

SWOT Analysis

Strengths

  • Highly trained scientific staff
  • Global presence with large number of service centers
  • Financially stable

Weaknesses

  • Large business segment which is difficult to handle
  • Large money spent on R&D

Opportunities

  • Increasing pharmaceutical sector with innovative products
  • Mergers, acquisitions, and strategic partnerships

Threats

  • Competitive pressure
  • Challenging economic environment

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Product Offering

  • Pace Analytical Services, LLC
    • Pharmaceutical Analytical Testing Outsourcing

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