Insights

Specialized Biotech Services Formatech offers comprehensive contract research and manufacturing services tailored to biotherapeutic products, including high-concentration antibody formulations and orally bioavailable peptides. This focus positions the company well for partnerships with pharmaceutical firms seeking advanced, custom solutions for biologics development and manufacturing.

Strong Regulatory Track Record With multiple FDA and MHRA GMP inspections successfully completed, Formatech demonstrates compliance excellence and reliable quality assurance, making it an attractive partner for clients requiring validated manufacturing processes and regulatory support in drug development.

Innovative Technology Adoptions Utilizing a modern tech stack such as Next.js, React, and Webpack, along with specialized media and payment solutions, indicates Formatech’s commitment to digital modernization. This enhances operational efficiency and could facilitate more advanced data management or client portals, presenting upsell opportunities in digital services.

Recent Partnerships Collaborations like the May 2020 partnership with Bold Metrics, a body data technology firm, suggest openness to innovative solutions and diversified business models. Such strategic alliances could open avenues for joint ventures or expanding into emerging biotech and medical device markets.

Growth and Financials With revenue estimates in the one to ten million dollar range and recent funding of seven million dollars, Formatech is positioned for expansion. This presents opportunities to offer advanced process development, scaling, and specialized manufacturing services to support its growth trajectory and attract larger biotech clients.

Formatech Tech Stack

Formatech uses 8 technology products and services including Webpack, Next.js, React, and more. Explore Formatech's tech stack below.

  • Webpack
    Development
  • Next.js
    Javascript Frameworks
  • React
    Javascript Frameworks
  • Stripe
    Payment Processing
  • Bootstrap
    UI Frameworks
  • MediaElement.js
    Video Players
  • Apache
    Web Servers
  • Google Plus
    Widgets

Formatech's Email Address Formats

Formatech uses at least 1 format(s):
Formatech Email FormatsExamplePercentage
FLast@formatech.comJDoe@formatech.com
46%
First@formatech.comJohn@formatech.com
4%
FLast@formatech.comJDoe@formatech.com
46%
First@formatech.comJohn@formatech.com
4%

Frequently Asked Questions

Where is Formatech's headquarters located?

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Formatech's main headquarters is located at 200 Bulfinch Drive, Andover, MA 01810, US. The company has employees across 1 continents, including North America.

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

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Formatech's official website is formatech.com and has social profiles on LinkedInCrunchbase.

What is Formatech's SIC code NAICS code?

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Formatech's SIC code is 8733 - Noncommercial Research Organizations NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Formatech have currently?

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As of October 2025, Formatech has approximately 51 employees across 1 continents, including North America. Key team members include Principal: D. W.. Explore Formatech's employee directory with LeadIQ.

What industry does Formatech belong to?

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Formatech operates in the Biotechnology Research industry.

What technology does Formatech use?

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Formatech's tech stack includes WebpackNext.jsReactStripeBootstrapMediaElement.jsApacheGoogle Plus.

What is Formatech's email format?

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

How much funding has Formatech raised to date?

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As of October 2025, Formatech has raised $7M in funding. The last funding round occurred on Jan 31, 2020 for $7M.

When was Formatech founded?

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Formatech was founded in 1993.

Formatech

Biotechnology ResearchUnited States51-200 Employees

At Formatech, we help make new drugs happen… at the speed of science!

Formatech, founded in 1993, provides contract services that deliver unique solutions to our clients’ product development and manufacturing challenges.

Our service offerings include: preformulation and formulation development of all common dosage forms, lyophilization development, cell culture/fermentation process development, purification/downstream process development and aseptic fill and finish of liquid and lyophilized dosage units.

We have had excellent results developing biotherapeutic products. Our accomplishments include developing many Ab formulations at concentrations in excess of 200 mg/mL and an orally bioavailable peptide formulation.

Our aseptic manufacturing facility produces liquid and lyophilized dosage units for clinical supplies or small-scale commercial products. Manufacturing support services include compounding/formulation, diafiltration/concentration (UF/DF), release testing, and ICH conforming stability programs. Our team is accomplished at completing new projects successfully even when confronted with very aggressive timelines.

Our regulatory history includes FDA inspections and three inspections by the MHRA (letters and certificate of GMP compliance received).

Section iconCompany Overview

Headquarters
200 Bulfinch Drive, Andover, MA 01810, US
SIC Code
8733 - Noncommercial Research Organizations
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
1993
Employees
51-200

Section iconFunding & Financials

  • $7M

    Formatech 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.

  • $1M$10M

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

Section iconFunding & Financials

  • $7M

    Formatech 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.

  • $1M$10M

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

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