1 day, 16 hours ago
CRDMO firm Aragen receives $100 million from Quadria Capital
The HinduContract research, development and manufacturing organisation Aragen Life Science has secured a $100 million investment from Asia healthcare-focused private equity fund Quadria Capital. Quadria will acquire a minority stake in Aragen, at an approximate valuation of $1.4 billion, primarily through a fresh capital infusion, with a small portion from the sale of shares by existing investors, Aragen said on Monday. The funding announcement comes ahead of JPM Week 2025, where Aragen said it is expected to secure additional outsourcing partnerships. look forward to partnering with them and supporting their next phase of growth,” Managing Partner and co-Founder of Quadria Capital Amit Varma said.
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