MediTip Co., Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
MediTip Co., Ltd. - overview
Established
2006
Location
Seoul, -, South Korea
Primary Industry
Business Support Services
About
Based in Seoul, South Korea, and founded in 2006, MediTip Co. , Ltd. offers regulatory consulting and assistance to assist bio and medical device companies in the approval processes and effectively launch their products in global markets. In November 2024, MediTip Co.
, Ltd. raised KRW 4 billion in venture funding from HighLight Capital. As of 2024, the company is led by its CEO, Yoo Jung-hee. MediTip Co.
, Ltd. provides consulting services for healthcare regulatory approvals, primarily in the biopharmaceutical and medical device sectors. The company offers regulatory affairs (RA) and quality assurance (QA) services, helping clients navigate approval processes for pharmaceuticals, biologics, cell therapies, and medical devices. MediTip works with global regulatory bodies to support product approvals in markets such as the United States, Europe, Japan, and China, serving biopharmaceutical companies and medical device manufacturers.
The company generates revenue through service contracts and consulting fees related to healthcare product regulatory approvals. Their transactional structure is B2B, offering tailored consulting services that ensure compliance with local regulations and international standards. The firm engages in service agreements that may involve project-based fees or retainer arrangements, providing ongoing support during the product development lifecycle. Their services are essential for clients aiming to secure approvals from regulatory agencies such as the FDA, EMA, NMPA, and PMDA, facilitating efficient market entry.
The company aims to enhance its service offerings and expand into new markets, with a focus on increasing its presence in regions such as Southeast Asia and South America by 2025.
Current Investors
HighLight Capital
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Market Research & Consulting
Website
www.meditip.co.kr/
Verticals
Research (Non-Medical)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
MediTip Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | 4,520,404,000 | 5,740,052,000 | - | - | - |
| % Revenue Growth (YoY) | - | 27.0% | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | 31,882,000 | 840,730,000 | - | - | - |
| Operating Margin | 0.7% | 14.6% | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | 185,710,000 | 861,147,000 | - | - | - |
| % Net Margin | 4.1% | 15.0% | - | - | - |

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.