About PharmaDirections
PharmaDirections is a company based in Cary (United States) founded in 2003 by Rick Soltero was acquired by Danforth Advisors in August 2025. It operates as a B2B. The company has 8 employees as of December 31, 2022. PharmaDirections offers products and services including Drug Development Program Management, Drug Discovery Services, CMC Expertise, Preclinical Services, and Regulatory Expertise. PharmaDirections operates in a competitive market with competitors including EctoPharma, InSymbiosis, Novateur, Harte Group and Huperion, among others.
- Headquarter Cary, United States
- Employees 8 as on 31 Dec, 2022
- Founders Rick Soltero
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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 Pharmadirections, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
8
as on Dec 31, 2022
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Acquired by
Danforth Advisors
(Aug 25, 2025)
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Products & Services of PharmaDirections
PharmaDirections offers a comprehensive portfolio of products and services, including Drug Development Program Management, Drug Discovery Services, CMC Expertise, Preclinical Services, and Regulatory Expertise. 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.
Manages coordinated drug development campaigns for biotech firms
Designs studies for lead selection and optimization in drug discovery
Provides chemistry and formulation support for drug products
Oversees in vivo and in vitro studies for safety assurance
Assists with IND applications and marketing approvals
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Funding Insights of PharmaDirections
| 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 |
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Investors in PharmaDirections
PharmaDirections has secured backing from 1 investor. Prominent investors backing the company include Danforth Advisors. 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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Strategic and operational support is provided to life sciences companies.
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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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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 PharmaDirections
| 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 |
Financial Statements - PharmaDirections
| 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 |
Pharmadirections Comparisons
Competitors of PharmaDirections
PharmaDirections 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 EctoPharma, InSymbiosis, Novateur, Harte Group and Huperion, 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 |
Develops innovative technologies for creating therapeutic pharmaceutical products.
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Drug discovery to clinical development outsourcing services are provided.
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A virtual team of experts providing drug and device development services.
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| domain | founded_year | HQ Location |
Provides vendor oversight, team support, patient recruitment, and site management for trials.
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A pharmaceutical consulting and project management company.
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pharmadirections
Frequently Asked Questions about PharmaDirections
When was PharmaDirections founded?
PharmaDirections was founded in 2003.
Where is PharmaDirections located?
PharmaDirections is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
How many employees does PharmaDirections have?
As of Dec 31, 2022, the latest employee count at PharmaDirections is 8.
What does PharmaDirections do?
PharmaDirections is a virtual partner specializing in drug development for small and startup biotech companies. They provide services like program management, drug discovery, CMC expertise, preclinical studies, and regulatory support. Operating from locations in the US, they build tailored teams to advance innovations from concept to approval, focusing on efficient and flexible solutions without overhead.
Who are the top competitors of PharmaDirections?
PharmaDirections's top competitors include InSymbiosis, EctoPharma and Novateur.
What products or services does PharmaDirections offer?
PharmaDirections offers Drug Development Program Management, Drug Discovery Services, CMC Expertise, Preclinical Services, and Regulatory Expertise.
Who are PharmaDirections's investors?
PharmaDirections has 1 investor. Key investors include Danforth Advisors.