- Business
- Global Pharmatech, Inc. (NYSE: GBLP) develops and manufactures pharmaceutical products focused on generic drugs, specialty therapeutics, and biotechnology solutions for global healthcare markets. The company offers a portfolio of oral solids, injectables, topicals, and biologics; key product categories include cardiovascular medications, oncology treatments, anti-infectives, and central nervous system therapies under its proprietary brands and authorized generics. Global Pharmatech operates manufacturing facilities in North America, Europe, and Asia, serving wholesale distributors, retail pharmacies, hospitals, and government health programs worldwide.
Founded in 1998 and headquartered in Princeton, New Jersey, the company segments its business into generics (60% of revenue), branded specialties (25%), and over-the-counter consumer health products (15%), targeting both developed and emerging markets in over 100 countries. Subsidiaries include Pharmatech BioLabs for R&D and Global Pharmatech International for export operations, with no parent company affiliation.
In the past two years, Global Pharmatech completed the acquisition of EuroGen Pharma in 2024 to expand its European injectables capacity; launched a new line of biosimilar oncology drugs approved by the FDA and EMA in early 2025; and formed a strategic alliance with Apex Biologics for co-development of gene therapies. The company secured a $250 million funding round in Q3 2025 led by institutional investors to support U.S. manufacturing expansions amid supply chain diversification efforts. These initiatives reflect a shift toward high-margin biologics and strengthened regulatory compliance following recent operational upgrades.