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Pharmaceutical Research & Development Services Provider
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Listing #MG 1729 |
| General Location |
Boston Area |
| Current Status |
New |
 Terms of Sale
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| Asking Price: |
$Offers Invited |
| Down Payment: |
$Negotiable |
| Real Estate Value : |
$$3,400,000 |
| Financing: |
financing |
Financials
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| Gross Sales: |
$2007 projection $3,500,000 |
| Cash Flow: |
$2007 projection $880,000 |
General Information
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| Established: |
1990 |
| Business Hours: |
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| Employees: |
16 |
| Area Square Foot: |
30,000 |
Description |
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Particular expertise and capability in ophthalmic formulation technology and the manufacture and packaging of sterile formulations. Continuing a 20% annual growth trend since 1998 sales were $2.4 million in 2006. Expansion to a new facility is expected to result in revenue growth to $5.5 million in 2009. The first phase of expansion is currently underway on a 30,000 foot facility. Includes a well-equipped formulation and analytical laboratory. Outsourcing R&D services, aging population and expanded facilities are key to the Company’s growth. Selects and evaluates dosage forms for new drugs in a cost efficient manner for an impressive customer list including top tier pharmaceutical companies as well as biotech firms. Sales leads come from website, existing customers, word-of-mouth, and direct sales, each of which are growing each year.
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Contact Information
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| Contact: |
Chris George |
| Phone: |
508-753-1400 |
| Email: |
info@georgeandco.com |
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