Societal CDMO

San Diego, United States Founded: 1982 • Age: 44 yrs Acquired By CoreRx
Provider of clinical trial, formulation development, packaging, and quality assurance services
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About Societal CDMO

Societal CDMO is a company based in San Diego (United States) founded in 1982 was acquired by CoreRx in February 2024.. Societal CDMO operates in a competitive market with competitors including WuXi AppTec, Eurofins Scientific, Ipsen, ANI Pharmaceuticals and Red Nucleus, among others.

  • Headquarter San Diego, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Legal Name Societal Cdmo, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $94.64 M
    5
    as on Dec 31, 2023
  • Net Profit
    $-13.27 M
    33
    as on Dec 31, 2023
  • EBITDA
    $-3.57 M
    -1381
    as on Dec 31, 2023
  • Latest Funding Round
    $125 M (USD), Debt – Conventional

    Nov 20, 2017

  • Investors
    CoreRx

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    CoreRx

    (Feb 29, 2024)

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People of Societal CDMO
Headcount 200-500
Employee Profiles 17
Employee Profiles
People
Nikki Lezama
Head Of TA And L&d
People
Gerardo Valiente
Facilities Engineer III
People
Julie Christian
Associate Director, Facilities And Engineering
People
Scott Rizzo
Chief Operating Officer

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Funding Insights of Societal CDMO

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $125.0M
  • First Round

    (13 Jul 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2017 Amount Debt – Conventional - Societal CDMO Valuation

investors

Jul, 2015 Amount Post-IPO - Societal CDMO Valuation

investors

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 Societal CDMO

Societal CDMO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CoreRx, Athyrium Capital Management and Broadfin Capital. 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
Global private equity investments are managed by the firm.
Founded Year Domain Location
Investment opportunities in healthcare are managed by Broadfin Capital.
Founded Year Domain Location
CDMO with a focus on early phase drug product development
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 Societal CDMO

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 - Societal CDMO

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

Societal Cdmo Comparisons

Employees
+
Add Comparison
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Competitors of Societal CDMO

Societal CDMO 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 WuXi AppTec, Eurofins Scientific, Ipsen, ANI Pharmaceuticals and Red Nucleus, 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
domain founded_year HQ Location
Provider of CRO and CDMO services
domain founded_year HQ Location
Laboratory testing and contract research services are provided globally.
domain founded_year HQ Location
Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes
domain founded_year HQ Location
Branded and generic prescription drugs are developed, manufactured, and marketed.
domain founded_year HQ Location
Advisory, scientific, and medical communications provided for pharmaceutical industry.
domain founded_year HQ Location
Regulatory support, brand differentiation, and prototyping services are provided.
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 Societal Cdmo

Frequently Asked Questions about Societal CDMO

When was Societal CDMO founded?

Societal CDMO was founded in 1982 and raised its 1st funding round 33 years after it was founded.

Where is Societal CDMO located?

Societal CDMO is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

What is the annual revenue of Societal CDMO?

Annual revenue of Societal CDMO is $94.64M as on Dec 31, 2023.

What does Societal CDMO do?

Societal CDMO was founded in 1982 and is based in San Diego, United States. Operations focus on the pharmaceutical sector as a contract development and manufacturing organization. Services encompass clinical trial support, formulation development, packaging solutions, and quality assurance processes. These offerings assist clients in drug product lifecycle management from development through commercialization.

Who are the top competitors of Societal CDMO?

Societal CDMO's top competitors include WuXi AppTec, ANI Pharmaceuticals and Aptar.

Who are Societal CDMO's investors?

Societal CDMO has 3 investors. Key investors include CoreRx, Athyrium Capital Management, and Broadfin Capital.

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