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§ Private Profile · Cranbury, NJ, USA
CDMO providing pharmaceutical development, manufacturing, and clinical trial supply services for biopharma, specializing in powder handling.
Experic is a contract development and manufacturing organization headquartered in Cranbury, New Jersey, that provides pharmaceutical development, clinical and commercial manufacturing, and clinical trial supply services. Using a fee-for-service model, the company specializes in powder handling, encapsulation, spray drying, and highly potent compounds for small and mid-sized biopharmaceutical clients. The organization operates a 45,000-square-foot manufacturing facility, employs approximately 56 people, and generates under $5 million in annual revenue while achieving more than threefold revenue growth since 2021. Under the leadership of Chief Executive Officer Matthew Mollan, who succeeded David Wood, the firm maintains a strategic partnership with equipment manufacturer Harro Höfliger and recently expanded its global logistics footprint with a new clinical trial supply depot in Kilbeggan, Ireland. Experic was founded in 2018 by PharmaNet founder Jeff McMullen, alongside founders Jeff Shane and Eric Bergmann.
Experic has raised $14.0M across 1 funding round.
Experic has raised $14.0M in total across 1 funding round.
Experic has raised $14.0M in total across 1 funding round.
Experic's investors include East Seattle Partners, Harro Höfliger Packaging Systems, Kineticos Ventures.
Experic has raised $14.0M across 1 funding round. Most recently, it raised $14.0M Series B in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 30, 2022 | $14M Series B | East Seattle Partners, Harro Höfliger Packaging Systems | Kineticos Ventures | Announced |