2 Medical Writing Business Success Stories [2024]
A medical writing business involves creating various types of healthcare-related documents, such as research papers, medical articles, and regulatory documents.
The primary aim of this business is to serve pharmaceutical companies, healthcare professionals, and researchers by translating complex medical information into easily understandable content.
As the healthcare industry continues to grow, the demand for accurate and well-communicated health information is also increasing.
Hence, starting a medical writing business can be a lucrative opportunity.
The need for regulatory compliance and effective communication in the healthcare industry is rising, and this business offers a valuable service in meeting those needs. Therefore, it can be an attractive venture for those interested in the field.
In this list, you'll find real-world medical writing business success stories and very profitable examples of starting a medical writing business that makes money.
1. Content-Whale Private Limited ($750K/year)
Vaibhav Kishnani, an engineer turned writer, came up with the idea for Content-Whale after noticing the unprofessional conduct in the Indian content market. With just Rs. 2,500 ($35) in capital, he started the content agency which now generates a revenue turnover of Rs. 4 crores ($514,000) and serves clients like Quikr and The Boston Consulting Group.
How much money it makes: $750K/year
How much did it cost to start: $35
How many people on the team: 30
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Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.
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2. Merrative ($24K/year)
Harshala Chavan, the founder of Merrative, came up with the idea for her business after noticing a lack of dedicated spaces for people to discuss literature. After attending a book club meetup, where she had a great discussion with others who had read the same book, she wondered if she could bring this experience online at scale. She validated her concept through participating in BPlans and growing her Instagram page, which eventually led to the launch of Merrative as a community-led marketplace for publishing talent.
How much money it makes: $24K/year
How much did it cost to start: $100
How many people on the team: 0
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Merrative, a community-driven marketplace for publishing talent, generates an average of $1,500 per month in marketplace transactions from their 5,000+ strong community of readers, writers, journalists, and scholars.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.