Annual Report 2021

In 2021, we continued to see increased growth despite prolonged global uncertainty around COVID-19. Our focus for 2021 was to be a better company, and we achieved that by delivering projects across a wide range of disease areas, by formally establishing our pro-bono division and delivering over 1000 days of work free of charge, and by engaging in the wider communities in which we work. Our hope is for this to continue into 2022 and beyond.

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Annual Report 2021

In 2021, we continued to see increased growth despite prolonged global uncertainty around COVID-19. Our focus for 2021 was to be a better company, and we achieved that by engaging in positive ways with our clients and the wider communities in which we work. Our hope is for this to continue into 2022 and beyond.

Our Mission and Focus Areas

We enjoy building lasting relationships in the healthcare sector by providing an exceptional service. Our vision is to be a community of the very best people, constantly challenging ourselves to make meaningful and outstanding contributions to improving healthcare.

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Improving Healthcare
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True Experts & Thought Leaders
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Trusted Partner
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Global & Connected
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A Word From Sophie Costello

“We are always thinking about how we can be a company that tries to be a force for good for our clients, our teams, the environment and our communities.”

Costello Medical at a Glance 2021

Employee Growth
Best Small Companies Award

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Improving Healthcare

Bespoke Delphi App

The Delphi method is a structured and systematic technique often used to gather consensus on specific issues from a group of experts in a particular field. We are committed to conducting robust Delphi panels that maximise efficiency and minimise the burden on participants, and in 2021 we finally launched our bespoke Delphi app. This was developed in collaboration with our in-house Technical Innovation and Development division and Rare Diseases division. For more information on the Delphi app please contact Annabel Griffiths.

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There were a number of key divisional achievements in 2021:

We continue to dedicate time to pro bono projects, in order to support non-profit organisations we care about:

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100 team members

across the company supported and delivered pro bono projects

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1,061 days

were spent working on pro bono projects across the year (more than double that of 2020)

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31 non-profits

were supported through pro bono projects in 2021

Some of our pro bono partnerships from 2021

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Trusted Partner

In our client feedback survey, we achieved the following average scores:

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for customer service
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for satisfaction with deliverables
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98% felt our service was good value for money

We continue to support and grow existing partnerships:

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The number of client projects completed increased

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The average size of our projects increased by 9%

Our finance team celebrated our 10,000th sales invoice in 2021
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True Experts & Thought Leaders

Annabel Griffiths, Head of Rare Diseases, completed a volunteering placement at the CGD Society as part of her sabbatical. Her 2-month placement enabled her to use her skills to contribute to the rare disease community on a number of projects including researching quality of life tools, supporting with the development of a multilingual website, and contributing to the charity's 30th Anniversary celebrations.

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Costello Medical worked alongside Shiyu Children Foundation, a Chinese NGO that supports children with cancer, to co-develop a picture book on a young boy’s journey through cancer diagnosis, treatment and recovery. We were delighted to be shortlisted as finalists in the “Pro Bono for Charity or Patient Organisation” category at the PM Society Awards 2021 for this book. For further details please see our portfolio.

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Costello Medical have been developing a Patient Group Skills Programme for 8 patient organisations and charities that support rare diseases patients and families. The aim of the programme is to help organisations learn how to develop materials to better communicate with patients, funders, clinicians, and other stakeholders in the rare disease community.


Our Equality & Inclusion Taskforce has initiated 2 workstreams focused on community outreach in Cambridge and London:

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London Community Outreach

We have and continue to support the Social Mobility Foundation Mentoring Programme. The programme consists of 9-months of one-to-one mentoring, involving emails, calls, and the opportunity to meet in person.

Since April 2021, we have been working with In2Science, a charity that aims to provide young people from low-income and disadvantaged backgrounds an opportunity to gain practical insight into the STEM sector. Our support involves mentoring sessions and running a one-day work placement over the summer.

Cambridge Community Outreach

At the end of March 2021, the Cambridge Outreach team took part in a virtual careers fair hosted by Form the Future who work with a range of schools, colleges and sixth forms in Cambridgeshire.

We held our first work experience week in the summer for 12 students from the North Cambridge Academy (NCA). Students took part in structured workshops and sessions organised by staff at Costello Medical, with each student completing a week-long project. Following on from our successful collaboration, the NCA connected us with the Stephen Perse Foundation, an independent school in Cambridge focused on reducing inequality. From 2022, Costello Medical will be funding a placement at the Stephen Perse Foundation every year, covering the full 2 years of tuition and also providing mentorship and training.

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Global & Connected

2 new divisions were launched including Health Policy and a team dedicated to supporting our Pro Bono work

Our Technical & Operational Support and Technical Innovation & Development in-house teams were formed to support the need for our growing internal and external technical expertise

Our US team in Boston doubled in size

In February 2022 we will open a new office in Shanghai

There were 3 global relocations from the UK to our Singapore and US offices

We welcomed 2 Global Health Interns to the company in 2021

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Thank you!

We thank our employees for their continued commitment, and our clients for their ongoing loyalty and trust over the past year. We look forward to seeing what 2022 will bring!

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If you would like to discuss your upcoming project needs with us please reach out via the relevant team member.

www.costellomedical.com