Custopharm

Carlsbad, United States Founded: 2005 • Age: 21 yrs Acquired By Hikma
Employee benefits administration and insurance products are provided.

About Custopharm

Custopharm is a Healthcare company based in Carlsbad (United States) founded in 2005, and was acquired by Hikma in September 2021. Employee benefits administration and insurance products are provided. Custopharm has completed 1 acquisition, including Aspire eCTD. Its chief executive, as recorded, is William Larkins. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and Formulation.

Company details

Custopharm was founded in 2005 and is based in Carlsbad, United States. Operations focus on the employee benefits and insurance sector, where various plans such as health savings accounts, cafeteria plans, and COBRA coverage are administered. Services include plan management, benefits consulting, and online tools. Insurance products encompass accident, cancer, disability, medical supplement, dental, vision, and life coverage. A benefits card is offered for access to FSA and HSA funds.

  • Headquarters Carlsbad, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Phone
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  • Website custopharm.com
  • Social LinkedIn
  • Acquired by Hikma (Sep 2021)
Key Metrics

Funding Insights of Custopharm

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Custopharm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2015Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in Custopharm

Custopharm has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hikma and Water Street.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Water Street is engaged in strategic investments in healthcare sectors.
2005waterstreet.comChicago, United States
Generics and pharmaceutical products are manufactured by Hikma.
1978hikma.comAmman, Jordan
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Investor details for Custopharm

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People of Custopharm

1 people are tracked at Custopharm (1 in leadership).

NameRoleGroup
William Larkins
CEOLeadership
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Investments & Acquisitions by Custopharm

Custopharm has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aspire eCTD.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
eCTD software solutions are provided for pharmaceutical submissions.
aspireectd.comAustin, United States2010Feb 2014β€’β€’β€’β€’
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Complete acquisition details for Custopharm

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Timeline of Custopharm

4 dated milestones of Custopharm across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Custopharm is founded.
  2. Acquisition Acquires Aspire eCTD.
  3. Funding First funding round.
  4. Exit Acquired by Hikma.

Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Custopharm (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Suite solutions are provided for payers and healthcare providers.
1998Princeton, New Jersey, United StatesUSD 220 MUSD 374.1 M5,666
Wearable insulin infusion systems are developed for diabetes patients.
2000Boston, Massachusetts, United StatesUSD 120.4 MUSD 2.71 B3,900
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Custopharm

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Frequently Asked Questions about Custopharm

Custopharm was founded in 2005 and raised its 1st funding round 10 years after it was founded.

Custopharm is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.

William Larkins is the CEO of Custopharm, as recorded in our data.

Custopharm was founded in 2005 and is based in Carlsbad, United States. Operations focus on the employee benefits and insurance sector, where various plans such as health savings accounts, cafeteria plans, and COBRA coverage are administered. Services include plan management, benefits consulting, and online tools. Insurance products encompass accident, cancer, disability, medical supplement, dental, vision, and life coverage. A benefits card is offered for access to FSA and HSA funds.

Custopharm has made 1 acquisition, including Aspire eCTD.

Custopharm has 2 investors. Key investors include Hikma, and Water Street.

Yes. Custopharm was acquired by Hikma in September 2021.

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