Diligence memo · auto-generated · as of July 2, 2026

Pharmaceutics International, Inc.

Pharmaceutics International, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Pharmaceutics International, Inc. operates in Pharmaceuticals, based in HUNT VALLEY.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Pharmaceutics International, Inc. has raised $206M in disclosed capital across 17 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $108M on 2016-08-31.

Most recent recorded round closed around 2024-06-03.

Valuation (modeled)modeled

Provath models Pharmaceutics International, Inc. at approximately $124M (range $54M–$174M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.06× the median modeled value of Series D+ Pharmaceuticals companies in 2022–2024 (18 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 5 months.

Last raise 2.1 yr ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round was 2.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 97% of Pharmaceuticals peers (1613 compared).

Modeled value ranks above 59% of those peers.

Closest niche peers: Paragon Biosciences Emalex Capital, Inc., TrialSpark, Inc., Fog Pharmaceuticals, Inc., MAPS Public Benefit Corp, Karyopharm Therapeutics Inc..

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.