Predict your next investment

HEALTHCARE
kadmuspharmaceuticals.com

See what CB Insights has to offer

Founded Year

1998

Stage

Unattributed VC | Alive

Total Raised

$25.3M

Last Raised

$21.3M | 18 yrs ago

About Kadmus Pharmaceuticals

Kadmus has developed products for a variety of conditions through the inhibition of endocannabinoid degradation (FAAH inhibitors), activation of endocannabinoid related pathways (OEA), and activation of peripheral cannabinoid receptors.

Kadmus Pharmaceuticals Headquarter Location

101 Theory Suite 100

Irvine, California, 92617,

United States

949-725-3700

Latest Kadmus Pharmaceuticals News

Ampersand appoints Walsh as CEO of Avista Pharma and Accuratus Labs

Jun 29, 2015

June 29, 2015     0 Comments Ampersand Capital Partners has named Patrick D. Walsh as CEO of Colorado-based biopharmaceutical company Avista Pharma Solutions and Accuratus Labs, a provider of GMP and GLP testing services for the medical device and biopharmaceutical sectors. Walsh is the former CEO of AAIPharma Services and also the ex- CEO of Kadmus Pharmaceuticals. In addition to Walsh’s appointment, Eric Hess has been named president and chief business officer of the Accuratus Labs’ business unit. PRESS RELEASE WELLESLEY, Mass., June 29, 2015 /PRNewswire/ — Ampersand Capital Partners announced today that it has appointed Patrick D. Walsh as Chief Executive Officer of Avista Pharma Solutions and Accuratus Labs. Ampersand, a healthcare-focused private equity firm based in Wellesley, MA, announced the acquisition of Avista Pharma by its portfolio company Accuratus Labs from Array BioPharma earlier this month and recruited Mr. Walsh to lead the combined business. In conjunction with Mr. Walsh’s appointment, Eric Hess has been named President and Chief Business Officer of the Accuratus Labs business unit. Mr. Walsh has over 30 years of experience building high-achieving, contract development and manufacturing organizations serving the pharmaceutical industry. He will focus on expanding the service offerings of the combined business and evaluating additional acquisition opportunities. Mr. Walsh has led several high growth organizations over the course of his career including as CEO of AAIPharma Services, CEO of Kadmus Pharmaceuticals, and president and COO of Gensia Sicor. In addition to his executive experience, Mr. Walsh has served on the boards of directors of various companies in the pharmaceutical, biotechnology, and contract service and manufacturing industries. “As a CEO, Pat has an impressive record of consistently delivering high levels of growth and shareholder value. He brings a depth of industry knowledge and leadership experience that will be essential as we look to grow the business through internal investment as well as strategic acquisitions,” said David Parker, General Partner at Ampersand. “Avista Pharma Solutions is already highly regarded for its scientific expertise and ability to solve difficult API and product development challenges, while Accuratus has a well-established track record in serving clients in the pharmaceutical, medical device, environmental monitoring, and alternate site healthcare markets,” said Mr. Walsh. “I look forward to working with our management team to build strong partnerships with our contract development and manufacturing clients.” About Ampersand Capital Partners: Ampersand is a middle market private equity firm with a focus on growth equity investments in the healthcare sector. Over the past two decades, Ampersand has managed $1 billion in private equity partnerships. Ampersand leverages its unique blend of private equity and operating experience to build value and drive superior long-term performance alongside its portfolio company management teams. Additional information about Ampersand is available at www.ampersandcapital.com. About Accuratus Lab Services: Accuratus Lab Services provides GMP and GLP testing services to the medical device and biopharmaceutical industries to meet FDA standards, as well as manufacturers of EPA-regulated antimicrobial and consumer products. For more information on Accuratus, please see www.accuratuslabs.com. About Avista Pharma Solutions: Avista Pharma is a strategic carve-out of the CMC business from Array BioPharma Inc, a biopharmaceutical company based in Colorado. The Avista facility encompasses over 50,000 square feet of laboratory and manufacturing space and provides pharmaceutical clients with a full service offering of early scale drug substance and drug product manufacturing expertise and capabilities. For more information on Avista, please see www.avistapharma.com. Leave a Reply

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Kadmus Pharmaceuticals

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Kadmus Pharmaceuticals is included in 1 Expert Collection, including Cannabis.

C

Cannabis

3,619 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.