Investors Acquire Hamilton County NonprofitPosted: Updated:
A Carmel-based nonprofit clinical research organization has been purchased by three investors. Metrics Champion Consortium LLC's network includes pharmaceutical, biotechnology and medical device providers. July 22, 2013
CARMEL, Ind. - The Metrics Champion Consortium (MCC) board of directors announced today that the organization has been sold to a group of investors. The existing non-profit MCC will discontinue and a Limited Liability Corporate structure will take over operations. The new owners - Dave Zuckerman, Linda Sullivan and Ken Getz - plan to invest in growing the MCC to expand its membership base and add new products and services to increase adoption of the MCC offerings.
Founded in 2006, the Indiana-based MCC is an independent membership organization focused on developing standardized performance time, cost and quality metrics used by pharmaceutical, biotechnology, medical device, contract service providers and investigative sites. The MCC's portfolio includes central lab, imaging, cardiopulmonary assessment and clinical trial metrics. Nearly 100 companies have joined the MCC since its founding.
"The board is delighted to have Linda Sullivan continue her involvement as part of the new management team," said Brian Schrock, board chair. "Linda brings both great skill and continuity. Dave Zuckerman brings unprecedented leadership as a successful entrepreneur and an expert in the development and use of performance metrics in pharmaceutical R&D. And of course Ken Getz brings his formidable insights and deep industry knowledge."
"The membership can count on the new MCC to augment the original organization's efforts with much-needed educational services, reference resources and stronger collaboration," said Dave Zuckerman. "There is an unprecedented need for standardized performance metrics and benchmarking in pharmaceutical R&D. We're very pleased and eager to have the opportunity to better meet that need."
About MCC LLC
The mission of the Metrics Champion Consortium LLC (MCC LLC) is to help sponsor and service provider organizations involved in biopharmaceutical and device R&D improve development time, cost, and quality through continuous collaborative development and implementation of standardized performance metrics and process improvement tools, membership education and communication. The management team consists of Dave Zuckerman, CEO, and Linda Sullivan, COO. Ken Getz is an owner, board member and advisor.
Source: Metrics Champion Consortium LLC