Insights

Pharma Collaboration Formatech is a biotech contract service provider with end-to-end capabilities including formulation development, lyophilization, cell culture/fermentation, downstream purification, and aseptic fill and finish. This positions them as a potential partner for small-to-mid scale clinical and early commercial projects needing rapid development and manufacturing support.

Biotherapeutic Focus Proven track record with high concentration biotherapeutic formulations (over 200 mg/mL) and orally bioavailable peptide formulations suggests suitability for clients pursuing challenging biologics or peptide therapies, creating opportunities in niche therapeutic areas with complex formulation needs.

Regulatory Readiness Regular FDA inspections and MHRA GMP certifications indicate a compliant quality system, which can reassure potential clients seeking reliable contract development and manufacturing for regulated clinical trials and early-stage products.

Clinical-Scale Capabilities Aseptic fill and finish for liquid and lyophilized dosage units, along with UF/DF and stability programs, aligns with sponsors needing scalable, compliant manufacturing support from preclinical through clinical supply, enabling longer engagement with the same partner.

Growth & Outreach Recent collaboration activity in 2020 and a modest revenue footprint with a $7M funding runway suggest opportunities for growth-focused outreach to biotech startups and mid-size biopharma seeking flexible partners with rapid project execution and a track record of meeting aggressive timelines.

Similar companies to Formatech, Inc.

Formatech, Inc. Tech Stack

Formatech, Inc. uses 8 technology products and services including AdRoll, Snowplow, Amazon Web Services, and more. Explore Formatech, Inc.'s tech stack below.

Formatech, Inc.'s Email Address Formats

Formatech, Inc. uses at least 2 email formats:
Formatech, Inc. Email FormatsExamplePercentage
FLast@formatech.comJDoe@formatech.com
92%
First@formatech.comJohn@formatech.com
8%

Frequently Asked Questions

What is Formatech, Inc.'s official website and social media links?

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Formatech, Inc.'s official website is formatech.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Formatech, Inc. generate?

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As of August 2026, Formatech, Inc.'s annual revenue is estimated to be $1M - $10M.

What is Formatech, Inc.'s SIC code and NAICS code?

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Formatech, Inc.'s SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Formatech, Inc. have currently?

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As of August 2026, Formatech, Inc. has approximately 11 employees across 1 continents, including North America. Key team members include Principal: D. W. Explore Formatech, Inc.'s employee directory with LeadIQ.

What industry does Formatech, Inc. belong to?

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Formatech, Inc. operates in the Biotechnology Research industry.

What technology does Formatech, Inc. use?

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Formatech, Inc.'s tech stack includes AdRoll, Snowplow, Amazon Web Services, Weebly, WordPress, Microsoft 365, HubSpot and Piwik.

What is Formatech, Inc.'s email format?

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Formatech, Inc.'s email format typically follows the pattern of FLast@formatech.com. Find more Formatech, Inc. email formats with LeadIQ.

How much funding has Formatech, Inc. raised to date?

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As of August 2026, Formatech, Inc. has raised $7M in funding. The last funding round occurred on Jan 31, 2020 for $7M.

When was Formatech, Inc. founded?

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Formatech, Inc. was founded in 1993.
Formatech, Inc. logo

Formatech, Inc.

Biotechnology ResearchMassachusetts, United States11-50 Employees

Formatech, Inc. is a biotechnology research company that provides contract development and manufacturing services to help move drug candidates toward the clinic. Founded in 1993, it is based in Andover, in the New England region. The company's offerings cover early-stage formulation development for various dosage forms, lyophilization development, and cell culture or fermentation process development, as well as downstream purification and aseptic fill-and-finish for liquid and lyophilized dosage units. 

Formatech operates an aseptic manufacturing facility that supports clinical supplies and small-scale commercial products, along with related manufacturing support such as compounding, diafiltration/concentration, release testing, and stability programs aligned with ICH standards. It has developed biotherapeutic products, including antibody formulations at concentrations above 200 mg/mL and an orally bioavailable peptide formulation, and maintains regulatory interactions with FDA inspections and MHRA GMP-compliance. Its client base comprises pharmaceutical and biotech developers seeking to address product development and manufacturing challenges and accelerate timelines.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
1993
Employees
11-50

Section iconFunding & Financials

  • $7M

    Formatech, Inc. has raised a total of $7M of funding over 2 rounds. Their latest funding round was raised on Jan 31, 2020 in the amount of $7M as a Seed.

  • $1M - $10M

    Formatech, Inc.'s revenue is estimated to be in the range of $1M - $10M

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