Viscira® Finishes 2015 With Outstanding Business Results
- Category: Press Releases
- Published: Tuesday, 19 January 2016 11:06
Viscira, a leading provider of digital marketing solutions and software products for the life sciences industry, today announced exceptional operating results for the 2015 fiscal year. Overall, the company realized a 23% increase in annual gross revenue over its 2014 financial performance. As part of this increase, revenue from global clients climbed to 33% of total revenue in 2015 compared to 16% in 2014.
This strong growth follows on the heels of a more than 40% increase in revenue from 2013 to 2014. Additionally, the company continued to maintain its solid profitability metrics in terms of gross margin and operating profit, with no debt on the balance sheet.
During 2015, Viscira added several major new clients, including GlaxoSmithKline, Clovis Oncology, and Merck, to its roster of prominent life science customers. The company also continues to expand its volume of business with key existing clients such as Genentech, Alexion, AbbVie, and Lilly.
Viscira also deepened their strategic capabilities in 2015, leading them to achieve the status of digital agency of record for an increasing numbers of brands. The company has also seen a growth in demand across its entire portfolio of digital solutions and software products, including its Prospero® Online Speaker Portal, Interactive Sales Aids, and Vilumina video programs. Demand for the company’s 3D MOA and MOD animations grew significantly over the period.
“We had an aggressive growth plan for 2015 and are very pleased with what our team was able to accomplish. Our strong financial results are a testament to the hard work and dedication of our people,” commented Dave Gulezian, President & CEO of Viscira. “We are very excited about the direction of the company and what we have planned for 2016.”
In addition to increasing company revenue, Viscira released an upgraded version of its Prospero® Online Speaker Portal, introduced several innovative new products, launched a redesigned corporate website, and secured an additional 5,000 square feet of office space at its San Francisco headquarters location to accommodate continued growth.