Azurity Pharmaceuticals

Azurity Pharmaceuticals

Develops specialized formulations of medicines

About

Azurity Pharmaceuticals develops specialized formulations of existing medicines to meet the needs of patients who are often overlooked by other pharmaceutical companies. Their products include oral suspensions and other dose forms that are easier to administer, particularly for those who have difficulty swallowing pills or need precise dosing. This focus on creating accessible and effective medications enhances patient compliance and addresses gaps in the pharmaceutical market. Azurity serves healthcare providers, hospitals, and pharmacies, generating revenue through the sale of FDA-approved proprietary medicines across various therapeutic areas, including cardiovascular, central nervous system, and oncology. Their goal is to improve patient outcomes by providing high-quality, innovative medicines tailored to specific medical conditions.

Company Stage

Growth Equity (Venture Capital)

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$182.2M

Headquarters

Woburn, Massachusetts

Founded

2000


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Simplify's Take

What believers are saying

  • Growing demand for personalized medicine aligns with Azurity's specialized dose forms.
  • Increasing chronic diseases boost need for Azurity's innovative drug delivery systems.
  • FDA's focus on novel formulations benefits Azurity's product pipeline.

What critics are saying

  • Product recalls, like Zenzedi's, can damage brand reputation and cause financial losses.
  • Integration challenges from Slayback Pharma acquisition may disrupt operations.
  • Reliance on FDA approvals means regulatory delays could impact product launches.

What makes Azurity Pharmaceuticals unique

  • Azurity focuses on innovative dose forms for overlooked patient needs.
  • Their FDA-approved products ensure safety and efficacy in specialized formulations.
  • Azurity's acquisition of Slayback Pharma enhances its development and launch capabilities.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Hybrid Work Options

Professional Development Budget

Tuition Reimbursement

Wellness Program

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