LGM Pharma
↗Boca Raton, USA
LGM Pharma is a leading contract development and manufacturing organization (CDMO) and a global leader in the sourcing and distribution of Active Pharmaceutical Ingredients (APIs). The company provides end-to-end solutions for the pharmaceutical, biotechnology, and compounding pharmacy industries, assisting clients from early-stage R&D through to commercialization.
Following its 2020 acquisition of Nexgen Pharma's manufacturing unit, LGM Pharma significantly expanded its capabilities to include drug product development and manufacturing. The company specializes in complex dosage forms, including solid doses, liquids, suspensions, semi-solids, and suppositories, with a strong focus on the 505(b)(2) and Abbreviated New Drug Application (ANDA) regulatory pathways.
CLASSIFICATION
SIZE & FINANCIALS
Employees:201-500
Revenue:$50M-$100M
Founded:2005
Ownership:private
Status:operating
FUNDING
Stage:Private Equity
Total Raised:$18.8M
Investors:New Harbor Capital, Capital Southwest
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (API Catalog)
Modalities:Small molecule, API Sourcing, Suppositories, Topicals, Oral Liquids
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:New Harbor Capital
Acquired By:New Harbor Capital (Majority Stake) (2017-11-01)
Subsidiaries:Nexgen Pharma (Manufacturing Unit)
Key Partnerships:N-Zyme Biomedical (Pepsin Inhibitor development), Global network of 300+ cGMP API manufacturers
COMPETITION
Position:Niche Player
Competitors:Laurus Labs, Neuland Laboratories, Dalton Pharma Services, Sterling Pharma Solutions, Alcami
LEADERSHIP
Key Executives:
Dr. Prasad Raje - CEO
Richard Goitia - CFO
Shailesh Vengurlekar - SVP Quality & Regulatory Affairs
Scientific Founders:Gideon Schurder, Mendy Schurder
Board Members:Jocelyn Stanley (New Harbor Capital)
LINKS
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