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Nephron, Partners Announce $350 Million Capital Raise For Future Growth

PRIVATESep 15, 2023

Amount Raised

$350 Million

Round Type

Funding Round

West ColumbiaBiotechnologyHealth CarePharmaceutical

Investors

PNC BankBlack Rock Capital Investment Advisors, Llc

Description

Nephron Pharmaceuticals Corporation ("Nephron") today celebrated a successful $350 million capital raise – led by BlackRock Capital Investment Advisors, LLC ("BlackRock") and PNC Bank, National Association ("PNC) – to support future growth of the pharmaceutical manufacturer.

Who else raised in Pharmaceutical and Biotechnology around the same time

Companies in the same sectors as Nephron Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • Lipella Pharmaceuticals raised $3.1M (Seed) on October 23, 2023.
  • INNOCAN PHARMA Corp raised an undisclosed amount (Funding Round) on October 20, 2023.
  • Azora Therapeutics, Inc. (DE) raised $4M (Seed) on October 19, 2023.
  • Amplifier Therapeutics raised an undisclosed amount (Funding Round) on October 17, 2023.
  • Acasti raised $7.5M (Post-IPO Equity) on September 26, 2023.
  • Acasti raised $7.5M on September 25, 2023.

Who to call at Nephron Pharmaceuticals, and when

A new round usually means Nephron Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Nephron Pharmaceuticals raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Nephron Pharmaceuticals, from your own LinkedIn network

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Company Information

Company

Nephron Pharmaceuticals

Location

West Columbia, South Carolina, United States

About

Nephron Pharmaceuticals, founded in 1997 by Lou and Bill Kennedy, is a leading provider of generic respiratory and 503B outsourcing medications. The Company specializes in sterile dose medications and compounded solutions, developing, testing, producing, and shipping high volumes of sterile drugs. Nephron serves wholesalers, retailers, and hospitals nationwide, addressing drug shortages and strengthening the healthcare system.

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ML-powered predictions for Nephron Pharmaceuticals's next move

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Nephron Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.