What is Precision Science?
Precision Science operates as a specialized cGMP-compliant analytical laboratory, providing critical validation services for active pharmaceutical ingredients, excipients, and finished products. The company distinguishes itself through a commitment to rapid turnaround times and rigorous adherence to both U.S. and international regulatory standards. Beyond standard testing, the firm offers comprehensive stability storage solutions, serving as a vital technical partner for pharmaceutical manufacturers navigating complex product development lifecycles. Their facility is engineered to address intricate analytical challenges, ensuring that clients maintain compliance while optimizing their supply chain efficiency.
How much funding has Precision Science raised?
Precision Science has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Precision Science
PPP
Public-Private Partnership
What's next for Precision Science?
With the successful closure of this late-stage financing, Precision Science is poised to accelerate its operational footprint and enhance its technical capabilities. The strategic allocation of this capital will likely focus on expanding laboratory capacity and investing in advanced instrumentation to support the growing complexity of pharmaceutical formulations. As the industry faces heightened scrutiny regarding quality control and regulatory compliance, Precision Science is strategically positioned to capture additional market share by offering reliable, high-throughput analytical services. Future growth initiatives will likely prioritize the integration of automated testing protocols and the expansion of stability storage infrastructure to accommodate a broader range of international client requirements.
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