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The round was driven by RB (LSE: RB) a multinational CPG company with extra add-on investments from McKesson Ventures , The Emerson Group and Sealed Air (NYSE: SEE)
Driven by Andrew Vagenas, CEO, Pharmapacks is an e-commerce business organization with a proprietary innovative platform that engages brands to achieve customers with logistics, satisfaction, advertising and deals and sales solution. The organization offers both Direct to Customers through online websites sell including, Walmart, and eBay, Amazon among others, and also on Pharmapacks.com.
Key Pharma and life science companies: Esker, JAG Process Solutions PTY LTD, LabWare
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The organization plans to utilize the assets to develop its 350 people team, improving manpower by 20 percent, scale its current 140,000 square foot distribution center in Islandia, New York, to propel its m innovative automated tech and to extend its inventory levels and delivery reach from the U.S, Canada to Europe, Asia and other parts.
Pharmapacks has an in-house tech group devoted to building computerized assistance tools, has partnered with Sealed Air, whose I-Pack® framework utilizes laser innovation to gauge the content of a package then custom fits each case to that size, expelling excess air and unwanted space.
Presently the organization's catalogue comprises of 28,000 unique process and ships more than 30,000 order requests per day to each to all the 50 states in the U.S. and Canada.
Check out: Top Pharma & Life Science Companies
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