Round Type
Venture
BethesdaBiotechnologyHealth CareMedicalDescription
Precision Medicine Group (PMG) and Blackstone (NYSE: BX) today announced that PMG, a leading next-generation provider of drug development and commercialization services, has completed a major investment and recapitalization led by funds managed by Blackstone (“Blackstone”). The investment includes significant participation from Precision’s co-founders, Ethan Leder and Mark Clein, as well as current shareholders Berkshire Partners, TPG Growth, Oak HC/FT, and Vida Ventures.
Quick answer
Precision Medicine Group raised an undisclosed amount in a funding round, dated November 20, 2020. Precision Medicine Group is based in Bethesda, Maryland, United States.
- How much did Precision Medicine Group raise?
- Precision Medicine Group raised an undisclosed amount in a funding round on November 20, 2020.
- What does Precision Medicine Group do?
- Precision Medicine Group is a leading next-generation provider of drug development and commercialization services.
- Where is Precision Medicine Group based and how big is it?
- Precision Medicine Group is based in Bethesda, Maryland, United States. Fundz records about 1,566 employees.
- Who are the decision-makers at Precision Medicine Group?
- Fundz holds 5 contacts at Precision Medicine Group, including the Executive Vice President And Managing Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Biotechnology around the same time
Companies in the same sectors as Precision Medicine Group that raised within 45 days of this round, from Fundz verified event records.
- Lifeward raised $8M on December 18, 2020.
- ENvue Medical, Inc. raised $6.6M on December 11, 2020.
- Scorpion Therapeutics raised $147M on December 7, 2020.
- Insightec raised an undisclosed amount (Funding Round) on November 24, 2020.
- Adagio Medical raised $43M on November 24, 2020.
- Elevation Oncology raised $65M on November 18, 2020.
Who to call at Precision Medicine Group, and when
A new round usually means Precision Medicine Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Precision Medicine Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Precision Medicine Group, from your own LinkedIn network
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Fundz sees it the moment Precision Medicine Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Precision Medicine Group 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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