TFS HealthScience

A global clinical development partner to biotech and pharmaceutical companies

TFS HealthScience is a global contract research organisation (CRO) that partners with biotech and pharmaceutical companies to run clinical trials and bring new treatments through development. TFS combines deep specialist expertise across selected therapeutic areas — dermatology, internal medicine, neuroscience, oncology and ophthalmology — with flexible delivery models, from full-service trial management to specialist teams embedded alongside clients' own. Operating across 40 countries, TFS offers the focus of a specialist partner at global scale.

  • Founded: 1996
  • Acquired: 2015/2019
  • Ratos ownership: 100%
  • CEO: Markus Granlund
    TFS_MarkusGranlund.jpg
  • Chairman: Gustaf Salford
  • Employees: 600+
  • Geographic presence: Headquarters in Sweden with direct operations in some 20 countries and indirect operations in a further 30 or so countries
  • Portfolio category: Majority holdings – Companies to develop
Net sales, SEKm 1,177
Adjusted EBITA, SEKm 63
Adjusted EBITA margin 5.3%
Return on capital employed 16.9%
Ratos ownership

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