
Triangle Compounding Pharmacy
Stage
Loan | AcquiredTotal Raised
$250KAbout Triangle Compounding Pharmacy
Triangle Compounding Pharmacy (TCP) is an FDA-approved 503B Outsourcing Facility. TCP consists of two entities, a state regulated compounding pharmacy (503A) servicing the special pharmacy needs as prescribed for individual patients, and a separate FDA-inspected and approved Outsourcing Facility (503B) allowed to supply hospitals, medical research institutes, and clinical research organizations (CROs) nationwide.
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Expert Collections containing Triangle Compounding Pharmacy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Triangle Compounding Pharmacy is included in 2 Expert Collections, including Pharma Supply Chain.
Pharma Supply Chain
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Biopharma Tech
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Latest Triangle Compounding Pharmacy News
May 3, 2022
When a commercially available medicine does not fit the unique needs of an individual patient (human or animal), the drug is compounded by a certified pharmacist. When a patient may be unable to tolerate a commercially available drug, or when the particular formulation required may be unavailable, or the patient may require a treatment that is currently in short supply or has been withdrawn, compounding is carried out. Compounding is defined by the United States Pharmacopeia Convention (USP) as "the preparation, mixing, assembling, altering, packaging, and labelling of a drug, drug-delivery device, or device under a licensed practitioner's prescription, medication order, or initiative in the course of professional practice. The increasing launches of drugs and adoption of inorganic strategies such as collaborations by the key players operating in the market are expected to drive the market growth during the forecast period. For instance, in November 2020, Fagron Sterile Services, a U.S. Food and Drug Administration (FDA) and Drug Enforcement Administration (DEA)-registered 503B outsourcing provider of sterile medications, launched its new innovative silicone-free bevacizumab (AVASTIN) injection using Groninger automation technology in collaboration with West Pharmaceutical Services, Inc., a U.S.-based pharmaceutical company. This silicon-free AVASTIN injection has a long shelf life of 150 days and can be administered safely for ophthalmic applications without depositing any unsafe silicon oil droplets into the eye. Key features of the study: This report provides an in-depth analysis of the U.S. ophthalmic compounding pharmacies market and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players It profiles key players in the U.S. ophthalmic compounding pharmacies market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics The U.S. ophthalmic compounding pharmacies market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. ophthalmic compounding pharmacies market Detailed Segmentation: Mitomycin Eye Drops Dry Eyes 503A Nora Apothecary
Triangle Compounding Pharmacy Frequently Asked Questions (FAQ)
Where is Triangle Compounding Pharmacy's headquarters?
Triangle Compounding Pharmacy's headquarters is located at 3700 Regency Parkway, Cary.
What is Triangle Compounding Pharmacy's latest funding round?
Triangle Compounding Pharmacy's latest funding round is Loan.
How much did Triangle Compounding Pharmacy raise?
Triangle Compounding Pharmacy raised a total of $250K.
Who are the investors of Triangle Compounding Pharmacy?
Investors of Triangle Compounding Pharmacy include Paycheck Protection Program and Panaceutics Nutrition.
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