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Thplasma secures a $20 million financing round to advance its integrated plasma platform, including $15 million in equity and $5 million in venture debt.

PRIVATEAug 03, 20265 days ago

Amount Raised

$20 Million

Round Type

Venture - Series Unknown

New JerseyArtificial Intelligence

Description

Thplasma, a U.S.-based pharmaceutical company, has announced a $20 million financing opportunity. This consists of a $15 million equity investment and a $5 million venture debt facility. The company aims to enhance its plasma therapeutics platform and develop its own IVIG and albumin biosimilars. With recurring revenue from long-term contracts, Thplasma is set to expand its market presence significantly.

Company Information

Company

True Health (THPlasma)

Location

New Jersey, United States

About

THPlasma operates a chain of plasma collection centers in the Northeast United States. The company is recognized for its significant role in addressing the plasma shortfall in the U.S. They have long-term partnerships ensuring substantial sales for their operations. THPlasma is rapidly growing and aims to expand both through acquisitions and organic growth.

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