Aragen

Aragen

Provider of drug discovery, clinical development, manufacturing and other services for small molecules

Founded

2001

Headquarters

Hyderabad (India)

Status

Series B

Company Details

Website

Socials

Email

Phone

+91-4066929999

Aragen Life Sciences is a globally recognized contract research, development, and manufacturing organization (CRDMO) serving the life sciences industry. The company delivers end-to-end solutions across the drug development continuum, from early-stage discovery through commercial manufacturing, for both small and large molecules. Aragen’s expertise and infrastructure support a diverse client base that includes leading global pharmaceutical firms, biotech companies, agrochemical and animal health organizations.

Core Products and Services

  • Drug discovery and development: Chemistry, biology and analytical services.

  • Manufacturing: Small and large molecule API, intermediates, finished dosage forms.

  • Formulation development: Pilot scale to commercial manufacturing.

  • Regulatory support: Compliance with USFDA, WHO, PMDA, EDQM and more.

  • Animal health and agrochemical R&D: Services for broader life sciences sectors.

Business Model & Revenue Streams

  • Revenue model: Fee-for-service (project-based), full-time equivalent (FTE) contracts and milestone-based payments.

  • Primary revenue source: Contract research and manufacturing services for global pharma and biotech.

  • Concrete data point: 9+ years average tenure of key customers.

Top Clients & Partnerships

  • Top clients: 7 of the top 10 global pharma companies and 100+ biotechs (names undisclosed for confidentiality).

  • Marquee contracts: Multiple multi-year agreements with global innovators.

  • Client concentration risk: Low—diversified client base across pharma, biotech, agrochemical and animal health sectors.

  • Diversification initiatives: Expansion into new service lines and geographies, including biologics and advanced therapies.

Future Outlook & Strategic Priorities

  • Capacity Expansion: Aggressive plans to expand manufacturing and multi-modality capabilities, including new infrastructure for biologics, oligonucleotides and peptides.

  • Technology Investment: Focus on adopting AI and machine learning in drug discovery and manufacturing to drive efficiency and innovation.

  • Market Growth: Targeting increased demand from global pharma and biotech, especially as outsourcing shifts to India (“China+1” trend).

  • Sustainability Goals: Commitment to carbon-neutral operations, aiming for net zero emissions by 2050 and water neutrality by 2035.

  • Strategic Partnerships: Strengthen ties with key investors and clients, leveraging new capital for long-term growth.

  • Financial Strength: Robust capex plans and improved net debt position, supporting ambitious expansion and R&D initiatives.

  • Concrete Data Point: $100 million investment secured in 2025 for expansion and technology adoption.

Key People

Manni Kantipudi

Suresh Anubolu

Key Metrics

Total Equity Funding

$125Million

No. of Funding Rounds

3

Latest Funding Round

$100.0Million, PE

as of January 13, 2025

Post Money Valuation

$273Million

as of N/A

Funding Multiple

14.0

as of N/A

Investors

Goldman Sachs

and 3 more

Employee Count

3866

Similar Companies

Vectura

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
January 13, 2025PE$100.0Million--Quadria Capital
May 24, 2021Series BUndisclosed---Goldman Sachs
November 8, 2007Series B$25.4Million$273.0Million--Sequoia Capital

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