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August Bioservices Expands U.S. Biopharma Manufacturing Capabilities

$23.6 million investment from Polaris Partners will expand manufacturing capacity and capabilities to support production of sterile injectables.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

August Bioservices, LLC, a CDMO providing drug discovery, development, and pharmaceutical manufacturing services, closed a $23.6 million Series A extension, led by Polaris Partners. The proceeds will go toward expanding August’s manufacturing capacity and capabilities to advance the technology platforms needed to support production of sterile injectable medications.   As part of the financing, Brian Chee, Managing Partner of Polaris Partners, joined the August Bioservices’ board as a Director....

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