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Insights

Strategic Partnerships Formation Bio has established key partnerships with industry giants like Sanofi and OpenAI, signaling potential collaboration opportunities for sales teams to explore and leverage in driving business growth.

Technological Advancements With a tech-driven approach and utilization of tools like Looker, Salesforce, and Docker, Formation Bio offers innovative solutions that can be highlighted to attract clients seeking cutting-edge technology in drug development processes.

Funding and Expansion Having recently secured a substantial funding of $372 million in a Series D round, Formation Bio shows financial stability and potential for expansion, presenting an opportune moment for sales efforts targeting partnerships or investment opportunities.

Market Positioning Formation Bio's focus on efficiency in drug development and acquisition of clinical-stage drugs positions them uniquely in the market, offering a competitive advantage that can be emphasized when engaging with potential clients seeking accelerated drug development solutions.

Industry Recognition Formation Bio's recognition through partnerships and acquisitions has garnered attention from industry publications like Pharmaceutical Technology and finance platforms, creating a positive brand image that can be leveraged by sales teams to enhance credibility and attract new business prospects.

Similar companies to Formation Bio

Formation Bio Tech Stack

Formation Bio uses 8 technology products and services including Looker, Docker, Sanity, and more. Explore Formation Bio's tech stack below.

  • Looker
    Analytics
  • Docker
    Containerization
  • Sanity
    Content Management System
  • Salesforce
    Customer Relationship Management
  • NetSuite
    E-commerce
  • Okta
    Identity Verification
  • Webflow
    Page Builders
  • Paylocity
    Recruitment Marketing

Formation Bio's Email Address Formats

Formation Bio uses at least 2 format(s):
Formation Bio Email FormatsExamplePercentage
First@trialspark.comJohn@trialspark.com
79%
FLast@trialspark.comJDoe@trialspark.com
10%
First.Last@trialspark.comJohn.Doe@trialspark.com
7%
Last@trialspark.comDoe@trialspark.com
4%

Frequently Asked Questions

Where is Formation Bio's headquarters located?

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Formation Bio's main headquarters is located at 16 E 34th Street Fl 10 New York, NY 10016 US. The company has employees across 3 continents, including North AmericaEuropeAsia.

What is Formation Bio's official website and social media links?

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Formation Bio's official website is formation.bio and has social profiles on LinkedIn.

How much revenue does Formation Bio generate?

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As of November 2024, Formation Bio's annual revenue reached $35M.

What is Formation Bio's SIC code NAICS code?

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

How many employees does Formation Bio have currently?

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As of November 2024, Formation Bio has approximately 164 employees across 3 continents, including North AmericaEuropeAsia. Key team members include Chief Development Officer (cdo): G. C.Chief Business Officer: D. S.Chief People Officer: M. K. E.. Explore Formation Bio's employee directory with LeadIQ.

What industry does Formation Bio belong to?

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Formation Bio operates in the Biotechnology Research industry.

What technology does Formation Bio use?

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Formation Bio's tech stack includes LookerDockerSanitySalesforceNetSuiteOktaWebflowPaylocity.

What is Formation Bio's email format?

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Formation Bio's email format typically follows the pattern of . Find more Formation Bio email formats with LeadIQ.

How much funding has Formation Bio raised to date?

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As of November 2024, Formation Bio has raised $372M in funding. The last funding round occurred on Jun 26, 2024 for $372M.

When was Formation Bio founded?

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Formation Bio was founded in 2013.
Formation Bio

Formation Bio

Biotechnology ResearchNew York, United States51-200 Employees

Formation Bio is a tech-driven pharmaceutical company differentiated by radically more efficient drug development. Formation Bio has built a technology platform that optimizes critical aspects of clinical drug development, enabling more efficient trial design, faster trial completion, and higher quality trial data. The company acquires clinical-stage drugs from pharmaceutical and biotech companies with the goal to develop them faster in order to accelerate access to new treatments for patients, and to unlock greater value per program.

Section iconCompany Overview

Headquarters
16 E 34th Street Fl 10 New York, NY 10016 US
SIC Code
8733 - Noncommercial Research Organizations
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2013
Employees
51-200

Section iconFunding & Financials

  • $372M

    Formation Bio has raised a total of $372M of funding over 4 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $372M.

  • $10M$50M

    Formation Bio's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $372M

    Formation Bio has raised a total of $372M of funding over 4 rounds. Their latest funding round was raised on Jun 26, 2024 in the amount of $372M.

  • $10M$50M

    Formation Bio's revenue is in the range of $10M$50M

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