Pharmazz is based in USA and engaged in developing and acquiring a broad and diverse pipeline of products related to critical care medicine. The company has a strong pipeline behind two leading programs, all focused on large market opportunities. It has a strong management team with extensive pharmaceutical research and development, and commercialization experience.
The company has a research center in Greater Noida, India which is conducting drug discovery and development from concept to regulatory approval. Pharmazz has established a subsidiary in United Kingdom to assist in European regulatory activities. It has research collaborations with Chicago based Midwestern University and The University of Illinois. The company is constantly building upon existing and new relationships and leveraging those relationships around the world to assist in the development and commercialization of its pipeline products.
Pharmazz is privately owned and initially raised funds from an NIH grant, friends and family, high-net-worth individuals, and family offices. To date, the company has raised $50 million, including a strategic $25 million investment from Sun Pharmaceutical Industries Ltd. Sun Pharma holds an approximate 17% stake in Pharmazz, Inc., representing 31.6 million shares outstanding. The company has a clean balance sheet and capitalization table. The company has no debt. Pharmazz, Inc. retains an 80% ownership stake in its subsidiary, Pharmazz India, which is currently operating profitably.