Client & Alumni News

US Specialty Formulations Growing in TechVentures

Producer of Sterile Injectable Pharmaceuticals for Custom-Manufactured Drugs

Millions of Americans require specialized and custom-manufactured drugs, and the current infrastructure is insufficient to support the required therapies. In the past, and still sometimes today, these custom-manufactured drugs are produced in pharmacies and other facilities that are inconsistent and less regulated. As a US Food and Drug Administration (FDA)-registered outsourced manufacturer, US Specialty Formulations, LLC (USSF) employs advanced quality and manufacturing controls to provide cGMP-manufactured drugs for healthcare providers worldwide.

USSF is a resident company in Ben Franklin TechVentures, the business technology incubator/post-incubator owned and managed by the Ben Franklin Technology Partners of Northeastern Pennsylvania. USSF is expanding its space in the incubator and adding three new high-skill positions to its staff. In addition to providing space, Ben Franklin has invested a total of $157,000 in the company.

USSF is an outsourcing facility that complies with the FDA’s 2014 Drug Supply Chain Security Act (DSCSA) standards. As a specialty pharmaceutical manufacturer for sterile injectable pharmaceuticals, USSF provides aseptic manufacturing of pharmaceuticals, as well as aseptic processing and production of injectable clinical trial materials. USSF focuses on specialty sterile injectable drugs for both humans and animals.

“Our products respond to a clear need in the marketplace for safe medications,” said Dr. Kyle Flanigan, CEO of USSF. “Starting in Ben Franklin TechVentures provides us with business resources, wet lab availability, and supporting infrastructure. These are key in starting up a technical enterprise.”

Ben Franklin TechVentures brings together entrepreneurs, a large network of experienced advisors and investors, and Lehigh faculty and students to accelerate the growth of the region’s technology economy. Ben Franklin staff support TechVentures resident companies with management guidance, business planning, strategic planning, and marketing counsel, as well as connections to follow-on funders and assistance in preparing and improving funding presentations. Ben Franklin TechVentures provides an entrepreneurial culture that fuels innovation, hastens the success of early-stage technology firms, and supports high-value job creation.

Coverage via Lehigh Valley Business.