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Argonaut Manufacturing Services secures $45M for Carlsbad facility expansion

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Staff at TrialSite | Quality Journalism
Mar. 12, 2024, 2:00 p.m.

Leading contract development and manufacturing organization (CDMO) Argonaut Manufacturing Services announced the completion of a $45 million financing to support its new drug product fill/finish expansion at its Carlsbad, CA manufacturing facility.

NewVale Capital led the financing with participation from existing majority investor Telegraph Hill Partners, and other current investors.

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