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.
- Website
- www.almacgroup.com/
- Registered Address
- Souderton,Pennsylvania
Key Metrics
Founded Year
2001
Location
Craigavon, United Kingdom
Stage
Series D
Total Funding
$339M in 15 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 31, 2019
Investors
Ranked
2nd among 369 active competitors
Employee Count
4,863 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Almac Group
Almac Group is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALMAC ApS CIN: 31765013 , Denmark, Active | Aug 31, 2008 | $10.7K (As on Dec 31, 2013) | - | |
ALMAC GROUP LIMITED CIN: NI041551 , United Kingdom, Active | Sep 19, 2001 | $1.18B (As on Sep 30, 2023) | 5783 (As on Sep 30, 2021) | |
ALMAC GROUP, INC. CIN: 261549369 , United States, Active | Dec 31, 1999 | - | 2128 (As on Dec 31, 2024) | - |
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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:
Filter 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 |
View details of Almac Group's funding rounds and investors
Almac Group's founders and board of directors
Founder? Claim ProfileThe 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:
- Alan Armstrong: CEO & Chairman of Almac Group. They serve on the board of 1 company.
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 |
View details of Almac Group's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Company offering contract development services for small molecules | $16.8M | 59/100 | ||
2nd | 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 | Concord Biotech 2000, Ahmedabad (India), Public | CDMO focused on manufacturing API | - | 56/100 | |
4th | Nucleus RadioPharma 2022, Rochester (United States), Series A | CDMO focused on providing of radiopharmaceuticals manufacturing and supply chain services | $72.1M | 55/100 | |
5th | Indoco Remedies 1947, Mumbai (India), Public | Provider of APIs manufacturing and formulation services | - | 54/100 | |
6th | CDMO focused on amino acids and small molecules | - | - | 53/100 | |
7th | Development and manufacturing of niche pharmaceutical products for the generic industry | $2.74M | 52/100 | ||
8th | Sabinsa 1988, East Windsor (United States), Unfunded | Manufacturing and marketing nutraceuticals, cosmeceuticals and fine chemicals | - | - | 52/100 |
9th | Turnkey solutions for drug development, manufacturing and regulatory approvals | - | 52/100 | ||
10th | Wanbury Limited 1990, Mumbai (India), Public | Manufacturer of anti-diabetic drugs | - | - | 51/100 |
Looking for more details on Almac Group's competitors? Click here to see the top ones
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) |
News related to Almac Group
Media has covered Almac Group for a total of 7 events in the last 1 year, 6 of them have been about company updates.
•
NTR, Almac Increase Off-Take Under PPA for 21.6-MW N Ireland Wind FarmRenewables Now•Feb 13, 2026•NTR, Almac Group
•
Almac Group Expands Bioavailability Enhancement Capabilities at Charnwood FacilityEuropean Pharmaceutical Manufacturer•Sep 12, 2025•Almac Group
•
Almac Group Expands US Analytical Capacity with $2 Million InvestmentEuropean Pharmaceutical Manufacturer•Aug 01, 2025•Almac Group
•
Almac acquires Easy Lift in All-Share Deal Backed by Wise EquityVertikal•Jul 15, 2025•Almac Group, Easylift
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Pharma Firm Takes 20,000 Sq Ft at Stud Brook Business ParkTheBusinessDesk.com•Jul 14, 2025•Almac Group
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Almac Pharma Services expands to East Midlands with new facility dealInsider Media•Jul 14, 2025•Almac Group
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Formosa Pharmaceuticals Inks Antibody Drug Conjugate Deal with AlmacBioSpectrum Asia•May 09, 2025•Formosa Pharmaceuticals, Almac Group
•
Simmons and Spada with Almac (Wise Equity) in the acquisition of Plaslegalcommunity.it•Oct 02, 2024•Simmons & Simmons, Almac Group, Wise Equity
•
Almac to increase analysts team by 100 after investment of £11mBelfast Telegraph•Oct 01, 2024•Almac Group
•
Northern Ireland pharmaceuticals giant announces £11million investment and 100 jobs boost to expand global servicesBELFAST NEWS LETTER LIMITED•Oct 01, 2024•Almac Group
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