CA - Think Research reports $12.8M of new BioPharma contracts in Q3
- Think Research ( OTCQB:THKKF ) announced Tuesday that subsidiary BioPharma Services has received worth $12.8M contracts in the third quarter.
- The contracts relate to project-based study in health disciplines ranging from neurology to oncology to gastrointestinal treatments during the 12-month duration.
- Reaffirmed Guidance: "These contracts increase our confidence that we will attain our previously announced estimated revenue run-rate of between $84 million and $90 million annualized, and pro forma adjusted EBITDA annualized range of between $6 million and $9 million in the fourth quarter, which should come in at somewhere between $21 million and $22.5 million in total revenue," commented Think Research CEO Sachin Aggarwal.
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Think Research reports $12.8M of new BioPharma contracts in Q3