A Milton Keynes home healthcare company has announced its most successful set of year-end figures to date.
Medical Research Network (MRN), of Presley Way, Crownhill, was formed in 2006 with a turnover of around £400,000 but has recently posted a year-end result for 2011/2012 of £4,386,000, a growth rate of 47 per cent since inception.
Dr Graham Wylie, chief executive of MRN, said: “I’m delighted to be posting these impressive figures and it’s thanks to the continued enthusiasm and dedication to quality of our fantastic staff that we are in this position.
“The sector desperately needs new ways of doing things and we are proud that our range of solutions are really hitting the mark with our customers; generating major improvements in patient recruitment and retention and providing an excellent return on investment.”
During the year MRN ran 34 projects across 19 countries and delivered more than 5,700 visits, which in August peaked at over 600. In addition, MRN expanded its extensive global partner network enabling it to now operate projects in 47 countries.
Dr Wylie added: “Our services have not only delivered value for traditional studies across all a phases, but are also sought out for virtual and patient centric trial designs with increasing frequency. Our sales pipeline looks excellent, so we’re positive that 2013 will be another good year, despite the global recession that has hampered us all.”