Coating Place Secures Growth Capital Investment by 1315 Capital
Coating Place delivers premier microencapsulation solutions and is distinguished by proprietary equipment and processes, unmatched scalability, and the ability to support customers from product formulation through commercial manufacturing. The investment will enable Coating Place to scale operations to meet growing demand for its services across pharmaceutical, nutraceutical, animal health, and industrial markets.
"This investment marks an exciting milestone for Coating Place as we celebrate our 50th anniversary and prepare for the next chapter of growth," said
"Coating Place has a compelling opportunity to scale its best-in-class platform, offering highly specialized services and deep technical expertise for customers developing complex modified-release products," said
About Coating Place
Coating Place is an established contract development and manufacturing organization (CDMO) specializing in Wurster fluid bed microencapsulation technology across multiple industry segments. Coating Place's capabilities include formulation and analytical development, technology transfer, process scale-up, and commercial manufacturing. The company operates >350,000 ft2 over two sites with comprehensive GMP quality standards, FDA / Health Canada registration, and DEA licensing. For more information, please visit www.coatingplace.com.
About 1315 Capital
1315 Capital is a private investment firm with over
Contact
For Media Inquiries, please contact:
Coating Place
[email protected]
View original content:https://www.prnewswire.com/news-releases/coating-place-secures-growth-capital-investment-by-1315-capital-302660503.html
SOURCE 1315 Capital
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