Formulation Compounding Center

Tabraiz is expanding his compounding pharmacy!

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Form C
View on Honeycomb Credit
Security Type
Debt
Categories
Healthcare & Medical
Location
LEWISVILLE, TX
Expected Close Date
September 19, 2022
Target Raise
$50.00K-$250.00K
No. Investors
5
Security Price
$1
Website
formulationrx.com
Number of Employees
4
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Formulation Compounding Center, or Formulation for short, is an established compounding pharmacy that creates custom medications for patients. We utilize only FDA-approved ingredients and have a state-of-the-art facility built with ISO-certified cleanrooms that are staged with the latest equipment and technology. This 4,000 sq ft. facility allows us to be efficient, safe, and conform to the highest compounding standards.

Key Deal Facts

Formulation Compounding's total fiscal revenue in 2021 was just under $1 million!, Owner Tabraiz has 15 years of experience as a Doctor of Pharmacy (PharmD) in retail and compounding pharmacy.
Amount Raised : $92,500
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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