AWARD OUTCOME
What happened
Cardiff University has published a transparency notice for a proposed direct award to ProMed Pharma, LLC for EMBED 3.0 formulation-improvement work supporting a possible later EMBED 4.0 human-trials stage. The award remains pending; the notice schedules signature for 30 October 2026.
Published outcomeOne pending above-threshold services award, valued at £187,587 excluding VAT (£225,104 including VAT), is allocated to ProMed Pharma, LLC.
Market significanceThe notice evidences continuity procurement for specialist prototype and formulation-development work, with the buyer citing the supplier’s prior role and familiarity with novel equipment.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
ProMed Pharma, LLC
99% confidenceAward 1 · Lots 1 · 187587 GBP · Pending award
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Award 1 names ProMed Pharma, LLC as supplier, relates to lot 1, and has status pending. £187,587 is the single award value, not a signed-contract value.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceTransparency notice on Find a Tender (UK5)
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Award document 098562-2026 is described as a "Transparency notice on Find a Tender".
Award status
99% confidencePending
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Award 1 has status "pending".
Contract conclusion
99% confidenceNot evidenced as concluded or signed
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The award is pending and lists a future signature milestone scheduled for 30 October 2026.
Lot status
95% confidenceComplete
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Tender lot 1 has status "complete".
VALUES
Published values explained
Award value excluding VAT
99% confidence£187,587
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Award 1 value.amount is 187587 GBP.
Award value including VAT
99% confidence£225,104
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Award 1 value.amountGross is 225104 GBP.
Value allocation
95% confidenceAllocated to the single pending award; no separate lot value published
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One award is supplied for lot 1; the lot record contains no value.
TIMELINE
Procurement timeline
Notice published
99% confidence19 October 2026
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The UK5 award-notice document was published 2026-10-19T14:44:20+01:00.
Scheduled signature date
99% confidence30 October 2026
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Award 1 milestone type futureSignatureDate is due 2026-10-30T23:59:59+00:00 and scheduled.
Planned contract period
98% confidence2 November 2026 to 31 December 2026
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Award 1 contractPeriod lists startDate 2026-11-02 and endDate 2026-12-31.
Planned duration
93% confidenceAbout 2 months
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Calculated from the published planned contract period; this is not evidence that the contract has started.
SCOPE
What was awarded
Requirement
99% confidenceEMBED 3.0 – Improvement of Formulations
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Tender and award title.
Service category
99% confidenceResearch and development services and related consultancy services (CPV 73000000)
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Award item classification.
Stated purpose
96% confidenceAdditional formulation batches and improvements intended to strengthen medication delivery and increase viability for a potential human-trials next stage.
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Tender description.
Delivery location
96% confidenceUKL22, United Kingdom
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Award item delivery address is region UKL22, GB.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceDirect award
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Tender procurementMethod is direct and procurementMethodDetails is "Direct award".
Direct-award rationale
98% confidenceThe buyer states that ProMed helped develop the technology, knows the novel/prototype equipment, and that changing supplier at this point would be unfeasible.
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Published procurementMethodRationale.
Rationale classification
98% confidencePrototype development
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procurementMethodRationaleClassifications includes "prototypesDevelopment".
Competition information
99% confidenceNo bid count, competing suppliers, evaluation scores or comparative pricing information supplied.
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Information not supplied in the published notice data.
CONTRACT TERMS
Published contract terms
Payment approach
96% confidenceMilestone payments
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Tender riskDetails states that milestone payments are conditional on improvements being completed to the satisfaction of the funder and customer.
Extension or renewal terms
99% confidenceUnknown
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Information not supplied in the published notice data.
Contract signature
99% confidenceScheduled, not evidenced as completed
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A futureSignatureDate milestone is scheduled for 30 October 2026; award status is pending.
COMMERCIAL VIEW
Commercial observations
Continuity supplier rationale
94% confidenceThe direct award is justified on technical continuity and familiarity with prototype equipment rather than a published competitive comparison.
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Published procurementMethodRationale; no competition metrics supplied.
Performance-risk control
95% confidenceThe stated milestone-payment arrangement links payment to completion satisfactory to both funder and customer.
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Tender riskDetails.
Pipeline signal
93% confidenceThe work is positioned as preparatory activity for a potential EMBED 4.0 human-trials stage, not confirmation that that stage will proceed.
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Tender description says the project is likely to be taken forward and refers to a potential next stage.
DATA QUALITY
Gaps and source limitations
Pending status materially limits conclusion
99% confidenceThis is a pending award notice, not evidence of a signed, active or completed contract.
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Award 1 status is pending and signature is scheduled for a future date.
Supplier identity coverage
98% confidenceSupplier identity is recorded through a GB-PPON identifier; Companies House verification is not applicable to this supplier record.
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Supplier verification status is not_applicable; supplier identifier is GB-PPON PRNX-3276-XWMG.
Unpublished commercial detail
99% confidenceInformation not supplied in the published notice: tender deadline, bid count, evaluation, award decision date, lot title, individual lot value, renewal terms and pricing breakdown.
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Relevant supplied fields are null or absent.
Conflict-of-interest publication
99% confidenceConflict-of-interest document is marked not published.
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Tender documents lists conflictOfInterest with description "Not published".
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The published record is a pending award with a scheduled future signature date; it does not establish that a contract was signed, started or completed.
- Information not supplied in the published notice: bid count, competing suppliers, evaluation results, award decision date, lot title, lot-level value, pricing breakdown, and renewal or extension terms.
- The planned contract dates are published against a pending award and may not represent an executed contract period.
- The conflict-of-interest document is identified as not published.
MARKET THEMES
Relevant award themes
Cardiff UniversityProMed Pharma, LLCEMBED 3.0formulation improvementdirect awardresearch and development servicesFind a Tender
COMMON QUESTIONS
About this award
Who is the named supplier for Cardiff University's EMBED 3.0 award?
The pending award names ProMed Pharma, LLC.
What is the value of the EMBED 3.0 pending award?
The published award value is £187,587 excluding VAT and £225,104 including VAT.
Has the EMBED 3.0 contract been signed?
The notice does not evidence a signed contract. The award is pending and lists a scheduled signature date of 30 October 2026.
Why was a direct award used?
Cardiff University says the supplier previously helped develop the technology and is familiar with the novel/prototype equipment.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.