Novaquest Private Equity Announces Investment In Bend Bioscience To Broaden Corerx Offering
Round Type
Private Equity
BendManufacturingBiotechnologyDescription
Bend Bioscience and QHP Capital ("QHP"), the management company for NovaQuest Private Equity ("NQPE"), have announced plans to invest in a new operation in Bend, Oregon, an emerging hub of biotechnology R&D and manufacturing. The Bend Bioscience team, as part of CoreRx, will focus on drug delivery R&D partnerships, product development, and early phase manufacturing for enhanced formulations utilizing particle engineering-based drug delivery technologies. "This is an exciting development," says Ajay Damani, CEO of CoreRx and Bend Bioscience, "with Bend Bioscience adding a new dimension of technology and innovation capabilities to CoreRx's existing foundation of product development and manufacturing solutions."
Quick answer
Bend Bioscience raised an undisclosed amount in a Private Equity round, dated October 11, 2022. Bend Bioscience is based in Bend, Oregon, United States.
- How much did Bend Bioscience raise?
- Bend Bioscience raised an undisclosed amount in a Private Equity round on October 11, 2022.
- What does Bend Bioscience do?
- CoreRx and Societal CDMO have announced their unification under the Bend Bioscience brand, forming a comprehensive contract development and manufacturing organization.
- Where is Bend Bioscience based and how big is it?
- Bend Bioscience is based in Bend, Oregon, United States. Fundz records about 38 employees.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as Bend Bioscience that raised within 45 days of this round, from Fundz verified event records.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
- Alvotech raised an undisclosed amount (Funding Round) on November 16, 2022.
- The Shape Sensing Company raised an undisclosed amount (Funding Round) on November 10, 2022.
- Heritage Cannabis raised an undisclosed amount on November 2, 2022.
- Vitro3D raised $1.3M (Seed) on November 2, 2022.
- Cerus raised an undisclosed amount (Grant) on November 2, 2022.
Who to call at Bend Bioscience, and when
A new round usually means Bend Bioscience is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bend Bioscience raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bend Bioscience, from your own LinkedIn network
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Fundz sees it the moment Bend Bioscience raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Bend Bioscience raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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