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Rapid Micro Biosystems Expands Testing Platform

Raises $120 million to accelerate global expansion of contaminant testing platform for pharmaceutical and vaccine manufacturing

By: Contract Pharma

Contract Pharma Staff

Rapid Micro Biosystems, a provider of fully automated, high-throughput, rapid microbial detection technology for biopharmaceutical manufacturing, has completed a $120 million financing, including an equity investment led by Ally Bridge Group, along with Endeavour Vision and existing investors including Bain Capital Life Sciences, Longitude Capital, Xeraya Capital and Asahi Kasei Medical.   With the increasing number and complexity of drug products—including biologics, sterile injectables, cell t...

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