Niche Pharma API Company Raising Funds In Ahmedabad
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About Business
We're engaged in the business of manufacturing niche APIs and Intermediates. We also provide custom synthesis for niche purposes, analytical services and FTE (Full Time Equivalent) scientists for large pharmaceutical companies.
Clientele type
We've a strong sales pipeline of 120+ prospective clients of which 14 clients have approved our samples. We've an average Approval Hit rate of 34% on the total clients approached.
Premises
We find suitable vendors for specific order requirements and work on Contract Manufacturing.
Asking Price Includes
Equity Dilution against the ask of INR 5 Crores. Detailed discussion can be done at later stages regarding the same.
Reason
We're raising funds to meet our immediate business requirements, detailed fund utilization is as follows: 30% - Manpower & Administration 25% - Opex 20% - Working Capital 15% - Marketing 10% - Capex
More Details
We're an emerging medicinal chemistry-based niche API, intermediates and drug discovery support company. We're focused on delivering standardized and custom synthesis on a scale. We have a global presence, in Japan, Australia, USA, UK and PAN India.
Our USP lies in our highly experienced intellectual staff and external consultants, our expertise with the labs creating niche products, and our state-of-the-art technology to provide data-driven insights supporting drug intermediates development and modifications in existing synthesis.
We've developed 7 intermediates to date and have 3 in our immediate pipeline. We're expecting revenue of INR 40 Crores in FY 23-24.
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₹10 to ₹200 Cr
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