Foley Hoag Advises CutisPharma in $20M Financing Round
January 15, 2015
Foley Hoag recently advised CutisPharma, Inc., a privately held specialty pharmaceutical company, in its $20 million equity financing round.
Based in Wilmington, Mass., CutisPharma focuses on the development and commercialization of value-added proprietary pharmaceutical products and technologies in the prescription compounding sector of the healthcare industry. Its product line and development efforts are focused on providing optimized alternatives for the preparation of nearly 20 million compounded prescriptions by offering FIRST® Unit-of-Use Prescription Compounding Kits. Use of these branded kits benefits all key stakeholders, including physicians, pharmacists and patients. Several U.S. patents have been issued to CutisPharma, with additional patents pending.
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