About MediPharm Labs
MediPharm Labs is a company based in Barrie (Canada) founded in 2016 by Keith Strachan.. The company has 161 employees as of December 31, 2024. MediPharm Labs has completed 1 acquisition, including VIVO Cannabis. MediPharm Labs offers products and services including GMP Cannabis API, Formulated Oils, Capsules, and Vapes. MediPharm Labs operates in a competitive market with competitors including Holistic Industries, FarmaceuticalRX, Vertosa, Motif Labs and Nexien BioPharma, among others.
- Headquarter Barrie, Canada
- Employees 161 as on 31 Dec, 2024
- Founders Keith Strachan
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Medipharm Labs Corp.
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Annual Revenue
$29.16 M (USD)26.92as on Dec 31, 2024
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Net Profit
$-7.43 M (USD)18.26as on Dec 31, 2024
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EBITDA
$-6.33 M (USD)44.32as on Dec 31, 2024
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Latest Funding Round
$239.19 K (USD), Grant
Aug 19, 2021
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Investors
business.gov.au
& 1 more
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Employee Count
161
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of MediPharm Labs
MediPharm Labs is a publicly listed company on the TSX with ticker symbol LABS in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MediPharm Labs
MediPharm Labs offers a comprehensive portfolio of products and services, including GMP Cannabis API, Formulated Oils, Capsules, and Vapes. 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.
Provides bulk wholesale cannabis active pharmaceutical ingredients for medical use.
Offers oil-based cannabinoid extracts for consumption and wellness.
Delivers precisely dosed cannabinoid capsules for patient needs.
Produces inhalable cannabinoid products for quick absorption.
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Funding Insights of MediPharm Labs
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $239,187
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First Round
First Round
(02 Jul 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Grant - MediPharm Labs | Valuation |
investors |
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| Mar, 2021 | Amount | Post-IPO - MediPharm Labs | Valuation |
investors |
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| Jun, 2020 | Amount | Post-IPO - MediPharm Labs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MediPharm Labs
MediPharm Labs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include business.gov.au and MMJ Group Holdings. 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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Support is provided for businesses in Australia through government resources.
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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 MediPharm Labs
MediPharm Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VIVO Cannabis. 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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Health-based cannabis products are manufactured for medical use.
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2012 |
| 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 - MediPharm Labs
| 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 |
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Medipharm Labs Comparisons
Competitors of MediPharm Labs
MediPharm Labs 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 Holistic Industries, FarmaceuticalRX, Vertosa, Motif Labs and Nexien BioPharma, 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 |
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| domain | founded_year | HQ Location |
Proprietary medical cannabis strains are developed and offered.
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| domain | founded_year | HQ Location |
Cannabis-based products including flower and concentrates are manufactured and supplied.
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Technology for active ingredients from infused hemp is provided.
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| domain | founded_year | HQ Location |
Cannabinoid extraction, purification, and formulation services are provided.
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| domain | founded_year | HQ Location |
Cannabis-based medical products are developed for treating various conditions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Medipharm Labs
Frequently Asked Questions about MediPharm Labs
When was MediPharm Labs founded?
MediPharm Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is MediPharm Labs located?
MediPharm Labs is headquartered in Barrie, Canada. It is registered at Barrie, Ontario, Canada.
How many employees does MediPharm Labs have?
As of Dec 31, 2024, the latest employee count at MediPharm Labs is 161.
What is the annual revenue of MediPharm Labs?
Annual revenue of MediPharm Labs is $29.16M as on Dec 31, 2024.
What does MediPharm Labs do?
MediPharm Labs was founded in 2016 in Barrie, Canada, and operates within the pharmaceutical sector. Cannabinoid-based products and active pharmaceutical ingredients are formulated, tested, processed, packaged, and distributed to domestic and international markets. Wholesale products are supplied, while clinical trials and academic partnerships are supported. Extraction and purification methods are employed to produce high-quality cannabinoid derivatives.
Who are the top competitors of MediPharm Labs?
MediPharm Labs's top competitors include Holistic Industries, FarmaceuticalRX and Vertosa.
What products or services does MediPharm Labs offer?
MediPharm Labs offers GMP Cannabis API, Formulated Oils, Capsules, and Vapes.
Is MediPharm Labs publicly traded?
Yes, MediPharm Labs is publicly traded on TSX under the ticker symbol LABS.
How many acquisitions has MediPharm Labs made?
MediPharm Labs has made 1 acquisition, including VIVO Cannabis.
Who are MediPharm Labs's investors?
MediPharm Labs has 2 investors. Key investors include business.gov.au, and MMJ Group Holdings.
What is MediPharm Labs's ticker symbol?
The ticker symbol of MediPharm Labs is LABS on TSX.