Hi-Tech

Amityville, United States Founded: 1983 • Age: 43 yrs Acquired By Akorn
Generic, branded, and OTC pharmaceutical products are manufactured.
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About Hi-Tech

Hi-Tech was established in 1983 in Amityville, United States, within the pharmaceutical sector. Operations centered on producing generic, branded, and OTC items, with emphasis on liquid and semi-solid dosage forms such as solutions, suspensions, creams, nasal sprays, gels, ophthalmics, and ointments. A dedicated healthcare division managed OTC products, while subsidiary ECR Pharmaceuticals oversaw branded formulations. Acquisition by Akorn Pharma took place in 2013.

  • Headquarter Amityville, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Akorn

    (Aug 27, 2013)

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Funding Insights of Hi-Tech

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Hi-Tech

Hi-Tech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Akorn. 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.

All
Institutional
Investor Description Founded Year Domain Location
Injectable and ophthalmic pharmaceutical products were manufactured across therapeutic areas.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hi-Tech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hi-Tech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hi-Tech Comparisons

Employees
+
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Competitors of Hi-Tech

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hi-Tech

Frequently Asked Questions about Hi-Tech

When was Hi-Tech founded?

Hi-Tech was founded in 1983.

Where is Hi-Tech located?

Hi-Tech is headquartered in Amityville, United States. It is registered at Amityville, New York, United States.

What does Hi-Tech do?

Hi-Tech was established in 1983 in Amityville, United States, within the pharmaceutical sector. Operations centered on producing generic, branded, and OTC items, with emphasis on liquid and semi-solid dosage forms such as solutions, suspensions, creams, nasal sprays, gels, ophthalmics, and ointments. A dedicated healthcare division managed OTC products, while subsidiary ECR Pharmaceuticals oversaw branded formulations. Acquisition by Akorn Pharma took place in 2013.

Who are Hi-Tech's investors?

Hi-Tech has 1 investor. Key investors include Akorn.

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