What is Apace Packaging?
Apace Packaging, a family-owned entity established in 2005 and headquartered in Fountain Run, KY, operates as a specialized contract packager. The company's core competencies lie in precise bottling, blistering, and unit dose packaging for oral solid dose medications. Furthermore, Apace extends its services to kitting, repackaging, and tube filling for medicated ointments, catering primarily to the pharmaceutical industry. Their operational focus is on ensuring patient safety and upholding stringent quality assurance standards through the deployment of advanced technology and a commitment to operational efficiency, thereby addressing the varied packaging requirements of their clientele.
How much funding has Apace Packaging raised?
Apace Packaging has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Apace Packaging
PPP
Public-Private Partnership
What's next for Apace Packaging?
The recent major strategic investment signifies a pivotal moment for Apace Packaging, likely enabling expansion of its specialized pharmaceutical packaging capabilities. This capital infusion is expected to fuel advancements in technology, potentially increasing capacity for bottling, blistering, and unit dose packaging. The company's focus on patient safety and quality assurance, coupled with its enterprise-level funding, positions it for enhanced market penetration and service offerings within the pharmaceutical contract packaging landscape.
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