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HEALTHCARE | Drug Development
vensunrx.com

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Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$48M

About Vensun Pharmaceuticals

Vensun Pharmaceuticals is a pharmaceutical company developing a portfolio of generic prescription products in various dosage forms covering a broad range of therapeutic categories. The Company is co-developing the products with a number of strategic partners in the U.S. and overseas.

Vensun Pharmaceuticals Headquarter Location

790 Township Line Road Suite 250

Yardley, Pennsylvania, 19067,

United States

215-543-3737

Latest Vensun Pharmaceuticals News

Strides Pharma Science to buy Endo's US manufacturing unit, ANDAs

Aug 6, 2021

By SHARE Strides Pharma Science Ltd on Friday said it has signed definitive agreements with the units of American drug maker Endo International Plc to acquire its manufacturing facility in New York and a portfolio of abbreviated new drug applications (ANDAs) for $24 million (Rs 177.5 crore). R Ananthanarayanan, managing director and CEO of Strides Pharma Science, said that this acquisition will double the acquirer's US portfolio with a potential to launch five to six new products each quarter. The facility in New York has an annual capacity of 2 billion units across semi-solids, liquids, nasal sprays along with oral solids. It is expected to help Strides Pharma Science ease supply chain related bottleneck issues in the US. The acquired portfolio has 20 commercial products and a basket of dormant ANDAs, it added. ANDA is an application for a US generic drug approval for an existing licensed medication. The acquisition will be financed by debt and internal accruals and is expected to be completed by the end of this year. This not Strides Pharma Science's first acquisition to boost presence in the US. In 2019, it acquired a manufacturing facility in Florida from Micelle BioPharma Inc. That year, it also said it is acquiring US-based generics firm Vensun Pharmaceuticals Inc for $18 million while it sold its Australian business.

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Expert Collections containing Vensun Pharmaceuticals

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

Vensun Pharmaceuticals is included in 2 Expert Collections, including Pharma Startups.

P

Pharma Startups

6,549 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

B

Biopharmaceuticals

5,880 items

Companies involved in the research, development, and commercialization of chemically- or biologically-derived therapeutic & theranostic drugs. Excludes vitamins/supplements, CROs/clinical trial services.

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