ActivMed Practices & Research

What ActivMed Practices & Research does

ActivMed Practices & Research, LLC is a multi-specialty clinical research organization (CRO) founded in 1994 and headquartered in Methuen, Massachusetts, operating four clinical research sites across northern Massachusetts (Beverly, Methuen, Lawrence) and southern New Hampshire (Portsmouth, with two locations). The company conducts Phase II, III, and IV clinical trials for pharmaceutical and biotechnology sponsors across a broad therapeutic mix including Neurology, Family Medicine, Psychiatry, Gastroenterology, Pain, Nutraceuticals, Vaccines, and Medical Devices, and reports completion of over 800 clinical research trials to date. It is Virtual Trial Capable, offering telehealth-delivered memory assessments as a community service and supporting remote participation for eligible studies.

The business operates on a sales-led go-to-market, targeting both large pharmaceutical companies and smaller New England biotech firms through feasibility requests and sponsor outreach. Patient recruitment — the operational bottleneck for any CRO site — is fueled by community outreach, physician referral partnerships (notably with New England Neurological Associates, with whom ActivMed maintains a co-located office in Lawrence), free health screenings, and a presence on industry tools such as the Michael J. Fox Foundation's Fox Trial Finder. The company also participates in the Global Alzheimer's Platform Foundation's GAP-Net network and ACRES, lending credibility on Alzheimer's and neurology indications specifically. ActivMed does not charge participants; study-related care is provided at no cost and travel is compensated, while sponsor revenue flows through professional-services clinical trial contracts.

ActivMed has been a privately held LLC since inception under CEO and President Terry Stubbs, who has led the organization for nearly 25 years and is personally credited with managing nearly 750 trials. In 2022, the company was acquired by Alcanza Clinical Research Holdings, integrating ActivMed into a multi-site CRO platform, with no external venture or growth-equity funding rounds disclosed. Operationally the company remains a regional, small-to-mid-market site network (11-50 employees) with a strong community footprint in dementia-friendly initiatives and a long track record on protocol delivery and patient satisfaction (98% of surveyed participants report willingness to refer others and re-enroll).

Name

ActivMed Practices & Research

Legal name

ActivMed Practices & Research, LLC

Website

https://activmedresearch.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

ActivMed Practices & Research is a multi-specialty clinical research organization founded in 1994 operating four sites in Massachusetts and New Hampshire. It conducts Phase II-IV clinical trials for pharmaceutical and biotech sponsors across neurology, psychiatry, vaccines, and other therapeutic areas, having completed over 800 trials.

Ownership category

akta.pro rank

Product category

Clinical Research Services

NAICS

Scientific Research and Development Services (5417)

SIC

Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Clinical Trial Site Operations & Study Coordination (HLAGACAE)

Keywords

• Clinical research trials
• Contract research organization
• Clinical trial services
• Virtual clinical trials
• Multi-specialty research

Headquarters

HQ city

Beverly

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Clinical Research Services (CRO): ActivMed generates revenue by conducting clinical trials for pharmaceutical companies and biotech sponsors. They work with both the largest pharmaceutical companies and smaller local companies based in New England, providing Phase II, III, and IV clinical research trial services.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

ActivMed Practices & Research is a multi-specialty clinical research organization that conducts Phase II, III, and IV clinical trials for pharmaceutical and biotech sponsors across therapeutic areas including Neurology, Family Medicine, Psychiatry, Gastroenterology, Pain, Nutraceuticals, Vaccines, and Medical Devices. The company operates four physical sites across Massachusetts and New Hampshire and is Virtual Trial Capable, enabling remote participation via telehealth. It also provides free community health screenings and telehealth memory assessments as supporting services.

Product overview

ActivMed Practices & Research is a multi-specialty clinical research company operating since 1994 with Virtual Trial Capabilities. The core offering is Clinical Research Trials spanning Neurology, Family Medicine, Psychiatry, Gastroenterology, Pain, Nutraceuticals, Vaccines, and Medical Devices therapeutic areas. Supporting services include Free Health Screenings (Depression, Blood Pressure, Blood Glucose, Memory, Lungs) and Telehealth Memory Assessments. The company has conducted over 800 clinical research trials for pharmaceutical companies ranging from large pharmaceutical companies to smaller local companies in New England.

Differentiator

Problem solved

Functional benefit

Products and services

• Clinical Research Trials Multi-specialty Phase II, III, and IV clinical research trials conducted for pharmaceutical and biotech sponsors, including large pharma companies and smaller New England biotech firms. The company has completed over 800 clinical research trials since 1994.
• Free Health Screenings Free community health screenings including Depression, Blood Pressure, Blood Glucose, Memory, and Lung screenings offered to participants at no cost.
• Telehealth Memory Assessments Telehealth-delivered brief cognitive memory assessments provided at no cost and without insurance requirements, supporting Alzheimer's and memory loss research while serving as a community service.

Quantifiable outcome

• Over 98% patient satisfaction - would refer a friend, participate in another study, and had positive overall experience

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• New England Neurological Associates (NENA)coreStrategic or Co-development Partner · 1 January 2016In 2016, ActivMed partnered with New England Neurological Associates PC to expand clinical research trial offerings within local cities and towns. Alzheimer's Disease and other neurological studies are currently seeking volunteers, with more trials for other neurological conditions planned. ActivMed has an office within the Lawrence office of New England Neurological Associates.
• Global Alzheimer's Platform Foundation (GAP-Net)coreStrategic or Co-development PartnerActivMed is proud to be a Global Alzheimer's Platform Network (GAP-Net) site. This partnership allows collaboration with other respected academic and private commercial institutions that share the goal of streamlining clinical research and drug development for Alzheimer's disease.
• Alliance for Clinical Research Excellence and Safety (ACRES)minorStrategic or Co-development PartnerACRES is a global collective working to build and implement an integrated global system for clinical research. CEO Terry Stubbs serves as co-chair for the Site Accreditation & Standards Initiative (SASI), helping draft standards for the site accreditation process.
• Michael J. Fox FoundationminorChannel Partner/ Reseller/ DistributorActivMed is listed on Fox Trial Finder, a tool that connects volunteers with clinical trials, supporting efforts to speed a cure for Parkinson's disease.
• Greater Haverhill Chamber of CommerceminorOthersActivMed's President and CEO, Terry Stubbs, sits on the Board of Directors. Terry has managed nearly 750 clinical trials and has almost 25 years of healthcare management experience.
• Merrimack Valley Chamber of CommerceminorOthersThe Merrimack Valley Chamber of Commerce supports economic and business development in the Lawrence, MA area. ActivMed is a member to network and learn with the local business community.
• Greater Portsmouth Chamber of CommerceminorOthersThe Greater Portsmouth Chamber of Commerce is a business network in the Portsmouth, NH area. ActivMed is a member to advocate on behalf of the business community.
• Society for Clinical Research Sites (SCRS)minorOthersIndustry association supporting clinical research sites.
• Drug Information Association (DIA)minorOthersGlobal association for life sciences professionals engaged in the discovery, development,监管, and lifecycle management of medical products.
• Association of Clinical Research Professionals (ACRP)minorOthersProfessional organization supporting clinical research professionals with certification and training.
• Northeast Dermatology AssociatesminorStrategic or Co-development PartnerDermatology practice partnership for skin condition clinical trials.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Worldwide Clinical Trials: Mid-to-large global CRO with strong CNS and specialty therapeutic expertise. Overlaps with ActivMed's neurology-heavy portfolio and competes for sponsor trial execution at a broader scale.
• IQVIA: Largest global CRO with embedded site services and real-world data capabilities. Operates broadly across the same clinical trial services value chain ActivMed participates in, serving the same large pharma sponsors.
• Charles River Laboratories: Large CRO/preclinical organization with site and clinical trial services. Functions at a broader scale than ActivMed across the same biopharma customer base, but does not specialize in site operations in the same way ActivMed does.

Direct peers

• DM Clinical Research: Multi-therapeutic clinical research site operator with a similar profile (multi-specialty trials, Phase II–IV, partnerships with physicians). Competes with ActivMed for sponsor allocations in overlapping therapeutic areas.
• Alcanza Clinical Research: ActivMed's parent organization, operating other clinical research sites under a unified network. Directly comparable as a multi-site SMO platform; represents both an upstream resource for ActivMed and a sibling competitor for sponsor study placement.
• Wake Research: Multi-site, multi-specialty clinical research network headquartered in the U.S. Similar therapeutic breadth (neurology, GI, vaccines) and overlapping sponsor relationships make it a direct competitor for biopharma trial placement.
• CenExel: Network of clinical research sites across the U.S. specializing in CNS, pain, and other therapeutic areas. Highly comparable to ActivMed's multi-specialty, neurology-heavy portfolio and site-based service model.
• Bio-Kinetic Clinical Trials: Independent clinical research site network running Phase I–IV trials across multiple therapeutic areas. Comparable multi-specialty, site-based model competing for similar mid-size biopharma sponsors.
• Velocity Clinical Research: One of the largest integrated SMO/site networks in the U.S., running multi-specialty Phase II–IV trials. Directly comparable to ActivMed in therapeutic breadth and sponsor base, but with materially more sites and geographic reach.
• Accel Research Sites: Network of clinical research sites running Phase II–IV trials across multiple therapeutic areas, including neurology and gastroenterology. Directly comparable SMO competing for the same sponsor contracts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/activmed

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ActivMed Practices & Research