Formulation Compounding Center

Formulation Compounding Center

Pharmacy

Pharmacy

Overview

Raised this Round: Raised: $92,500

Total Commitments ($USD)

Platform

Honeycomb

Start Date

07/31/2022

Close Date

09/19/2022

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Location

Lewisville, Texas

Formulation Compounding Center is raising funds on Honeycomb. It is a compounding pharmacy that creates custom medications for patients. The pharmacy uses FDA-approved ingredients and creates medications in its state-of-the-art facility with ISO-certified cleanrooms. The facility of the Formulation Compounding Center is safe, efficient, and conforms to the highest compounding standards. The business generated revenues of $1 million in 2021. Tabraiz Khan founded Formulation Compounding Center in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for state licensures, back-end software implementation, front-end software implementation, and hiring.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/31/2022
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Formulation Compounding Center on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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