Padagis

Allegan, United States Founded: 2021 • Age: 5 yrs Acquired By Altaris
Provider of design manufacturing services for generic Rx and OTC products
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About Padagis

Padagis is a company based in Allegan (United States) founded in 2021 was acquired by Altaris in July 2021.. The company has 418 employees as of December 31, 2021. Padagis offers products and services including Extended Topicals and Paragraph IV Products. Padagis operates in a competitive market with competitors including Novartis, Catalent, Surrozen, Biotage and Curia, among others.

  • Headquarter Allegan, United States
  • Employees 418 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    418

    as on Dec 31, 2021

  • Acquired by
    Altaris

    (Jul 10, 2021)

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Products & Services of Padagis

Padagis offers a comprehensive portfolio of products and services, including Extended Topicals and Paragraph IV Products. 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.

Primary

Includes creams, ointments, and gels for prescription medical treatments.

Generic drugs that challenge and manufacture against branded patents.

People of Padagis
Headcount 200-500
Employee Profiles 56
Employee Profiles
People
Hawera Butta
Quality Control Team Lead
People
Mandy Oswalt
VP Business Transformation
People
William Degood
Director Of Tax
People
Blake Gerber
Supply Chain Manager

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Funding Insights of Padagis

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

Investors in Padagis

Padagis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altaris. 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
Venture Fund
Investor Description Founded Year Domain Location
PE firm invests in the US
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 Padagis

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 - Padagis

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

Padagis Comparisons

Employees
+
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Competitors of Padagis

Padagis 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 Novartis, Catalent, Surrozen, Biotage and Curia, 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.

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Company Name Domain Founded year HQ Location Description
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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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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Padagis

Frequently Asked Questions about Padagis

When was Padagis founded?

Padagis was founded in 2021.

Where is Padagis located?

Padagis is headquartered in Allegan, United States. It is registered at Allegan, Michigan, United States.

Who is the current CEO of Padagis?

Sharon Kochan is the current CEO of Padagis.

How many employees does Padagis have?

As of Dec 31, 2021, the latest employee count at Padagis is 418.

What does Padagis do?

Padagis was founded in 2021 and is headquartered in Allegan, United States. Operations focus on the pharmaceutical sector, where design and manufacturing services for generic prescription (Rx) and over-the-counter (OTC) products are provided. These services support the development and production of pharmaceutical items, with activities centered in the U.S. market. Leadership includes Sharon Kochan as CEO.

Who are the top competitors of Padagis?

Padagis's top competitors include Novartis, Surrozen and Catalent.

What products or services does Padagis offer?

Padagis offers Extended Topicals and Paragraph IV Products.

Who are Padagis's investors?

Padagis has 1 investor. Key investors include Altaris.

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