Pelago Bioscience

Pelago Bioscience at a glance

Pelago Bioscience is a drug discovery focused CRO with a service offering centred around its patented Cellular Thermal Shift Assay (CETSA®) technology for target engagement assessment in whole-cell physiological conditions. The business model combines CETSA services and license agreements with blue-chip pharma customers. Pelago Bioscience serves a global customer base from its state-of-the-art facilities in Solna, Sweden.

Pelago Bioscience facts

Sector

Specialist Pharma Services

Impilo entry date

August 2023

HQ

Solna, Sweden

Management team

Michael Dabrowski (CEO)
Kia Pedersen (COO)

Impilo team

Victor Steien
Edvard Hubendick
Paula Johansson

No of FTEs

52

Revenue, SEKm

2023
2024
2025

Gross Profit, SEKm

2023
2024
2025

Investment thesis

  • Sizeable market growing at 10%+ p.a. driven by increasing drug development pipelines, enhanced complexity in novel compound-design and shift towards outsourcing
  • Unique value proposition (patented CETSA technology) and an opportunity to capture market share
  • Scope to drive M&A in the drug discovery space to accelerate expansion and complement service offering

UN SDG Goals