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Experic Closes $14 Million Series B Financing

PRIVATENov 30, 2022•over 3 years ago

Amount Raised

$14 Million

Round Type

series b

CranburyManufacturingBiotechnologyHealth Carepharmaceuticals

Investors

Kineticos VenturesEast Seattle Partners

Description

Experic, a contract development and manufacturing organization (CDMO) and clinical supply services company serving the biopharmaceutical industry, today announced the closing of a $14 million series B capitalization led by Harro Höfliger Packaging Systems, Inc. and East Seattle Partners. In addition, Experic has added a new investor, Kineticos Ventures.

Company Information

Company

Experic

Location

2 Clarke Dr

Cranbury, New Jersey, United States

About

Experic is a contract development and manufacturing organization (CDMO) and clinical trial supply services company dedicated to revolutionizing pharmaceutical development, manufacturing, and clinical trial supply. Established in 2018, Experic offers a comprehensive suite of services, including process development, analytical and formulation development, clinical and commercial manufacturing, and clinical packaging and logistics. Specializing in challenging powders and inhalation products, our expertise encompasses capsules, and low-dose dry powder inhalation therapies. Operating from our state-of-the-art, Class A cGMP facility in Cranbury, New Jersey, as well as our Clinical Supply Center facility in Kilbeggan, Ireland, we manage the global delivery of high-quality products, even for expedited projects. Our team of industry leaders brings decades of experience in pharmaceutical product development and clinical trial supplies, ensuring strategic vision and execution for every project.

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