American Injectables Inc. Secures $10 Million in Series A Financing to Expand Portfolio at US-Based Manufacturing Facility

American Injectables Inc., a sterile injectables manufacturing company located near Tampa Bay, FL, secured a commitment for $10 million of Series A financing from New Rhein Healthcare Investors. The company will use the funds to scale its production and launch several parenteral products in order to work toward alleviating current drug shortages in the US and address the high unmet need for sterile injectables. The company's strategy is also responsive to the US Government's August 6, 2020 executive order supporting US-based manufacture of essential medicines.