American Injectables Inc. Secures $10 Million in Series A Financing to Expand Portfolio at US-Based Manufacturing Facility
American Injectables Inc. Secures $10 Million in Series A Financing to Expand Portfolio at US-Based Manufacturing Facility
09/24/20, 1:22 PM
Location
tampaMoney raised
$10 million
Round Type
series a
American Injectables Inc., a sterile injectables manufacturing company located near Tampa Bay, FL, secured a commitment for $10 million of Series A financing from New Rhein Healthcare Investors. The company will use the funds to scale its production and launch several parenteral products in order to work toward alleviating current drug shortages in the US and address the high unmet need for sterile injectables. The company's strategy is also responsive to the US Government's August 6, 2020 executive order supporting US-based manufacture of essential medicines.
Company Info
Location
tampa, florida, united states
Additional Info
American Injectables is a US-based sterile injectable manufacturer of parenteral drugs with a world-class facility focused on ready-to-use pre-filled syringes and vials. The company's product line includes small molecule 505b2 and 505j syringe and vial products, and it serves as an outsourced contract manufacturing partner for strategic pharmaceutical companies.