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QuVa Pharma Completes $275 Million Financing with Syndicate Led by Goldman Sachs


QuVa Pharma Completes $275 Million Financing with Syndicate Led by Goldman Sachs
Following Multiple Years of Strong Growth, Financing Further Validates 503B Industry Value Proposition, Demonstrates Strength of QuVa Pharma and Attractiveness of Ongoing Business Growth Initiatives
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SUGAR LAND, Texas, May 6, 2021 /PRNewswire/ QuVa Pharma, Inc.( QuVa Pharma ), the leading national 503B outsourcing services company providing hospitals with essential medications in ready-to-administer injectable formats, today announced its latest financing, a $275 million senior debt facility led by investment vehicles managed by the Goldman Sachs Private Credit Investing( Goldman Sachs ), with participation from Owl Rock Capital Partners, LP ( Owl Rock ). The financing enables QuVa Pharma to meet the needs of its approximately 2,000 hospital customers, add more hospitals to the platform, and expand its 200 SKU product portfol ....

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QuVa Pharma Expands Leadership Team with Appointment of Industry Veteran Scott Aladeen as Chief Operating Officer


QuVa Pharma Expands Leadership Team with Appointment of Industry Veteran Scott Aladeen as Chief Operating Officer
Enhanced Management Team Strengthen Governance of its Rapidly Growing, National business
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SUGAR LAND, Texas, April 1, 2021 /PRNewswire/  QuVa Pharma, Inc., a leading 503B outsourcing services company to healthcare facilities, has tapped pharmaceutical industry veteran Scott Aladeen as its new Chief Operating Officer. The move comes as the company has tripled production of critical medicines needed by U.S. hospitals, especially amidst the COVID-19 pandemic. 
At a time when hospitals are increasingly making FDA registered 503B outsourcing companies an essential component of their pharmaceutical supply chain, it s critical we continue to invest in experienced and innovative leaders who have deep FDA-based pharmaceutical quality and manufacturing expertise, said Stuart Hinchen, CEO & Co-fo ....

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