A ugust Troendle is an American physician and entrepreneur who is the founder, President, and CEO of Medpace, a leading contract research organization (CRO). CROs provide support to the pharmaceutical and biotechnology industries in the form of outsourced research services for clinical trials. After earning his medical degree, Troendle worked as a medical officer at the U.S. Food and Drug Administration (FDA), where he gained deep insights into the drug development and approval process.
He founded Medpace in 1992, leveraging his medical and regulatory expertise to build a company that could effectively manage complex clinical trials for drug and medical device companies. As CEO, he has led the company for over three decades, growing it from a small startup into a major publicly traded global enterprise. He is known for his hands-on leadership style and his deep involvement in the company's operations. His success is built on providing the critical, specialized services that help bring new medical treatments to market.
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Dr. August Troendle is a physician, scientist, and the self-made founder and CEO of Medpace (NASDAQ: MEDP), a leading global Contract Research Organization (CRO). His background is rooted in the highest levels of medical science and regulatory affairs. He received his Medical Degree (M.D.) from the University of Maryland, School of Medicine, and later secured an MBA from Boston University, uniquely blending clinical expertise with business acumen.
His career began in the highly regulated sphere of government: from 1986 to 1987, Dr. Troendle served as a Medical Review Officer at the U.S. Food and Drug Administration (FDA). This experience provided him with a deep, insider's understanding of the rigorous process required to bring safe and effective drugs to market. He then moved to the pharmaceutical industry, working at Sandoz (now Novartis) until 1992, where he specialized in the clinical development of lipid-altering agents. This rare combination of regulatory, clinical, and corporate experience inspired his vision for Medpace.
Dr. August Troendle founded Medpace in Cincinnati, Ohio, in 1992, with a clear mission: to offer a more innovative, high-science, and efficient way to conduct clinical trials. He envisioned Medpace as a full-service, therapeutic-area-specific CRO, acting as a partner rather than just a service provider to biopharmaceutical sponsors. This vertical integration of clinical expertise and trial execution streamlined the complex process of drug development.
Under his leadership as CEO and Chairman, Medpace has grown organically into a global giant with thousands of associates across over 40 countries. Troendle's background as a medical doctor sets him apart, as he understands the human stories and the ethical gravity behind the trials his company manages. He has guided Medpace through its growth and public listing, cementing his personal fortune and the company's reputation for scientific rigor, which is critical to accelerating the development of life-saving medical therapeutics worldwide.
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Serves as a Medical Review Officer at the U.S. FDA (Federal career).
Works at Sandoz (Novartis), specializing in clinical drug development (Pharma career).
Founds Medpace in Cincinnati, Ohio, as a high-science CRO (Entrepreneurial founding).
Serves on the board of directors for Coherus BioSciences (Investment/advisory role).
Continues as CEO and Chairman of the Board of Directors of Medpace (Executive Leadership).
Dr. August Troendle’s wealth is concentrated in his controlling stake in the publicly listed global Contract Research Organization, Medpace (MEDP).
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Dr. Troendle’s social impact is deeply embedded in the mission of Medpace: accelerating the global development of safe and effective medical therapeutics. By improving the efficiency and quality of clinical trials, his company helps expedite the delivery of life-saving drugs to millions of patients.
His medical background ensures a continuous focus on the ethical and human dimensions of drug development. His philanthropy supports medical and scientific research, leveraging his M.D. and MBA to ensure that capital is directed toward meaningful, high-impact scientific endeavors for the betterment of human health globally.
Dr. August Troendle projects the highly professional and disciplined style of a scientist-turned-CEO. His attire is consistently formal, favoring tailored suits and a classic business presentation suitable for medical conferences and corporate boardrooms. His aesthetic is one of sobriety and intellectual rigor, reflecting the ethical demands of the pharmaceutical research industry.
Residing in Palo Alto, California, his luxury is defined by the security of his multi-billion dollar Medpace stake and the intellectual satisfaction of leading a company that profoundly impacts global health. His life is dedicated to the intersection of science and commerce, ensuring that his technical expertise continues to drive the future of clinical research.
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“My vision for Medpace was to offer a more innovative way to conduct clinical trials, focused on therapeutic expertise.”
“We understand the gravity of our work—the potential for these trials to improve countless lives.”
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