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Almac Group - About the company

Almac Group is a series D company based in Craigavon (United Kingdom), founded in 2001 by Alan Armstrong. It operates as a CRAMS company offering preclinical development and CDMO services, also offering companion diagnostic development. Almac Group has raised $339M in funding from Genomic Health, with a current valuation of $*****. The company has 369 active competitors, including 16 funded and 91 that have exited. Its top competitors include companies like Aizant, Concord Biotech and Nucleus RadioPharma.

Company Details

Almac is a contract development and manufacturing organisation that provides a range of integrated services to biopharma companies. The services range from R&D, biomarker discovery and development, API manufacture, formulation development, clinical trial supply, companion diagnostics development, analytical services, commercial manufacturing services and clinical technologies. The company has facilities in Europe, North America and Asia.
Social
X
Registered Address
Souderton,Pennsylvania
Key Metrics
Founded Year
2001
Location
Craigavon, United Kingdom
Stage
Series D
Total Funding
$339M in 15 rounds
Post Money Valuation
$***** as on May 31, 2019
Ranked
Employee Count
4,863 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
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Almac Group's funding and investors

Almac Group has raised a total funding of $339M over 15 rounds. Its first funding round was on May 01, 2007. Its latest funding round was a Grant (prize money) round on Sep 06, 2022 for $*****. 1 investor participated in its latest round. Almac Group has 6 institutional investors.

Here is the list of recent funding rounds of Almac Group:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 06, 2022
9074692
Grant (prize money)
6624004
6417343
5681217
3027238
Jan 12, 2021
1917354
Grant (prize money)
3994947
1763806
8104998
May 28, 2020
1845981
Grant (prize money)
6469754
3156672
8457361
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Almac Group's founders and board of directors

Founder? Claim Profile
The founders of Almac Group is Alan Armstrong. Alan Armstrong is the CEO of Almac Group.
Here are the details of Almac Group's key team members:

Almac Group's Board of Directors

Almac Group's board has 2 active members. Alan Armstrong and Colin Hayburn are part of team.
Here is the list of Almac Group's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
24y 6m
{ppftwn
Team
-
Current
1y 5m
pmqvkvd
Team
-
Past
8y 9m
tlmexvd
Team
-
Past
8y 6m
{tlzmih
Independent board member
-
Past
1y 6m
zobuddj
Independent board member
-
Past
8y 8m
yvo{tqc
Independent board member
-
Past
2y 5m
zoxbsjy
Independent board member
-
Past
3y 7m

Almac Group's employee count trend

Almac Group has 4,863 employees as of Apr 26. Here is Almac Group's employee count trend over the years:
Employee count trend for Almac Group
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Almac Group's Competitors and alternates

Top competitors of Almac Group include Aizant, Concord Biotech and Nucleus RadioPharma. Here is the list of Top 10 competitors of Almac Group, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aizant
Aizant
2005, Hyderabad (India), Series A
Company offering contract development services for small molecules
$16.8M
59/100
2nd
Logo for Almac Group
Almac Group
2001, Craigavon (United Kingdom), Series D
CRAMS company offering preclinical development and CDMO services, also offering companion diagnostic development
$339M
57/100
3rd
Logo for Concord Biotech
Concord Biotech
2000, Ahmedabad (India), Public
CDMO focused on manufacturing API
-
56/100
4th
Logo for Nucleus RadioPharma
Nucleus RadioPharma
2022, Rochester (United States), Series A
CDMO focused on providing of radiopharmaceuticals manufacturing and supply chain services
$72.1M
55/100
5th
Logo for Indoco Remedies
Indoco Remedies
1947, Mumbai (India), Public
Provider of APIs manufacturing and formulation services
-
54/100
6th
Logo for Amino
Amino
1958, Frellstedt (Germany), Unfunded
CDMO focused on amino acids and small molecules
-
-
53/100
7th
Logo for Biophore
Biophore
2007, Hyderabad (India), Seed
Development and manufacturing of niche pharmaceutical products for the generic industry
$2.74M
52/100
8th
Logo for Sabinsa
Sabinsa
1988, East Windsor (United States), Unfunded
Manufacturing and marketing nutraceuticals, cosmeceuticals and fine chemicals
-
-
52/100
9th
Logo for Galenicum
Galenicum
2003, Barcelona (Spain), Late Stage
Turnkey solutions for drug development, manufacturing and regulatory approvals
-
52/100
10th
Logo for Wanbury Limited
Wanbury Limited
1990, Mumbai (India), Public
Manufacturer of anti-diabetic drugs
-
-
51/100
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Almac Group's Investments and acquisitions

Almac Group has acquired 3 companies including BioClin Labs, Arran Chemical and BioClin Labs. Almac Group has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 01, 2017
Acquisition
2003
Athlone (Ireland)
Nov 03, 2015
Acquisition
1984
Athlone (Ireland)
Feb 12, 2008
Acquisition
2003
Athlone (Ireland)
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News related to Almac Group

lockFilter this list
Media has covered Almac Group for a total of 7 events in the last 1 year, 6 of them have been about company updates.
Almac Group Expands US Analytical Capacity with $2 Million InvestmentEuropean Pharmaceutical ManufacturerAug 01, 2025Almac Group
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FAQs about Almac Group

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