CurifyLabs bags €12M to automate personalised medicine

· Source: Tech.eu - Tech.eu · Field: Health & Wellbeing — Pharmaceuticals & Biotechnology, Medical Devices & Health Technology, Automation & Robotics · Depth: Fundamental Awareness, quick

Summary

Finnish health technology company CurifyLabs, founded in 2021, has secured €12 million in Series A funding to advance its automated personalized medicine manufacturing platform. The round was co-led by Sandwater and HealthCap, with participation from Tesi, existing investor Lifeline Ventures, and US customers and employees. This investment will facilitate expansion of US operations, strengthen the supply chain, and accelerate product development, including the PharmaPrinter Aurum. CurifyLabs' Compounding System Solution combines proprietary software, GMP-manufactured excipient bases, and three-dimensional printing technology. This automates pharmaceutical compounding, enhancing consistency, precision, and speed over manual processes. Its technology is currently utilized by pharmacies in twenty-one US states and across Europe.

Key takeaway

For investors evaluating health tech, CurifyLabs' €12 million Series A funding signals strong market validation for automated personalized medicine. This investment supports critical US expansion and supply chain strengthening, indicating a robust growth trajectory. Consider their 3D printing and software platform, already deployed in 21 US states. It addresses demand for consistent, precise, and efficient pharmaceutical compounding. Your due diligence should assess their ability to scale this technology globally.

Key insights

Automated pharmaceutical compounding via 3D printing and software improves personalized medicine manufacturing.

Principles

Method

The Compounding System Solution uses proprietary software, GMP-manufactured excipient bases, and three-dimensional printing to automate medicine preparation.

In practice

Topics

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Editorial summary, takeaway, and curation by AIssential. Original article published by Tech.eu - Tech.eu.