About Almac Group
Almac Group is a company based in Craigavon (United Kingdom) founded in 2001.. Almac Group has raised $338.8 million across 15 funding rounds from investors including Gates Foundation, European Union and Invest Northern Ireland. Almac Group has completed 2 acquisitions, including Arran Chemical and BioClin Labs. Almac Group offers products and services including Genomic Services, API Development, and Clinical Trial Services. Almac Group operates in a competitive market with competitors including Indoco Remedies, Concord Biotech, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, among others.
- Headquarter Craigavon, United Kingdom
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Almac Group Limited
- Date of Incorporation 20 Sep, 2001
- Jurisdiction CRAIGAVON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$338.8 M (USD)
in 15 rounds
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Latest Funding Round
$416.67 K (USD), Grant
Sep 06, 2022
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Investors
Gates Foundation
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Arran Chemical
& 1 more
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Products & Services of Almac Group
Almac Group offers a comprehensive portfolio of products and services, including Genomic Services, API Development, and Clinical Trial Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers testing and analysis for biomarkers in clinical trials
Provides manufacturing solutions for drug substances
Manages supply and logistics for trials
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Funding Insights of Almac Group
Almac Group has successfully raised a total of $338.8M across 15 strategic funding rounds. The most recent funding activity was a Grant round of $416.67 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Grant — $416,674
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First Round
First Round
(01 May 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Almac Group | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Almac Group | Valuation |
investors |
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| May, 2020 | Amount | Grant - Almac Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Almac Group
Almac Group has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Gates Foundation, European Union and Invest Northern Ireland. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Foundation fund focused on science & technology in Ireland
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Founded Year | Domain | Location | |
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Business support and investment attraction services are provided to enterprises.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Almac Group
Almac Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Arran Chemical and BioClin Labs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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GLP and cGMP certified contract research laboratory
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2003 | ||||
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Fine chemical company specializing in the development of products for a wide range of industries
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Almac Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Almac Group Comparisons
Competitors of Almac Group
Almac Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Indoco Remedies, Concord Biotech, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
APIs manufacturing and formulation services are provided in therapeutic segments.
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| domain | founded_year | HQ Location |
APIs and enzymes are manufactured through fermentation by the CDMO.
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| domain | founded_year | HQ Location |
APIs and finished products are developed and manufactured.
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| domain | founded_year | HQ Location |
Generic biocatalytic solutions are provided for pharmaceutical applications.
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| domain | founded_year | HQ Location |
APIs and peptides are developed and manufactured by Asymchem.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Almac Group
Frequently Asked Questions about Almac Group
When was Almac Group founded?
Almac Group was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Where is Almac Group located?
Almac Group is headquartered in Craigavon, United Kingdom. It is registered at Craigavon, Northern Ireland, United Kingdom.
Who is the current CEO of Almac Group?
Alan Armstrong is the current CEO of Almac Group.
Is Almac Group a funded company?
Almac Group is a funded company, having raised a total of $338.8M across 15 funding rounds to date. The company's 1st funding round was a Grant of $288K, raised on May 01, 2007.
What does Almac Group do?
Almac Group was founded in 2001 and operates as a contract development and manufacturing organization in the biopharmaceutical sector. Services including biomarker discovery, API production, formulation development, clinical trial supplies, companion diagnostics, analytical support, and commercial manufacturing are provided. Facilities are maintained in Europe, North America, and Asia, with headquarters located in Craigavon, United Kingdom.
Who are the top competitors of Almac Group?
Almac Group's top competitors include Concord Biotech, BDR Pharmaceuticals Internationals and Indoco Remedies.
What products or services does Almac Group offer?
Almac Group offers Genomic Services, API Development, and Clinical Trial Services.
How many acquisitions has Almac Group made?
Almac Group has made 2 acquisitions, including Arran Chemical, and BioClin Labs.
Who are Almac Group's investors?
Almac Group has 5 investors. Key investors include Gates Foundation, European Union, Invest Northern Ireland, Genomic Health, and Science Foundation Ireland.
What is Almac Group's valuation?
The valuation of Almac Group is $373.1M as of May 2019.
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