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Recently Funded|Amount: USD 65.0M|Industry: Pharmaceutical Manufacturing

August Bioservices Secures Massive $65 Million in Series B Funding for Expansion and Innovation

August Bioservices

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51-200 employees employees (Est.)
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August Bioservices, a leading Contract Development and Manufacturing Organization (CDMO) based in Nashville, Tennessee, has announced a significant funding milestone, successfully raising $65 million. This infusion of capital will undoubtedly bolster August Bio’s mission to provide top-tier pharmaceutical contract development and manufacturing services tailored specifically for the unique needs of pharmaceutical and biotech companies. Known for its expertise in sterile injectables, specialized topicals, and complex formulations, August Bioservices is committed to addressing the challenges of poorly soluble and highly viscous compounds, as well as offering innovative solutions for uncommon container sizes and fill volumes. The recent funding will enable the company to enhance its capabilities in both aseptic and non-aseptic terminally sterilized filling processes for vials, syringes, and flexible IV bags. By investing in advanced technologies and expanding its manufacturing capacity, August Bioservices aims to further improve its service offerings, ensuring that clients receive the highest quality products in a timely manner. This strategic funding round not only strengthens August Bio’s position in the competitive CDMO landscape but also reinforces its commitment to innovation and excellence in pharmaceutical manufacturing. As the demand for complex, quality-driven therapeutic solutions increases, August Bioservices stands ready to meet this challenge, equipped with the resources necessary to support the future of biopharmaceutical development. This funding is more than just a financial boost; it represents a significant step towards enhancing patient care through advanced manufacturing solutions.
November 5, 2024

Buying Signals & Intent

Our AI suggests August Bioservices may be interested in solutions related to:

  • CDMO services
  • Sterile manufacturing
  • Analytical services
  • Drug development
  • Laboratory instruments

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