About STI Pharma

a specialty pharmaceutical company

founded in


Who we are and what we do

A Little About Us

Founded in 2008 by Anup Dam, a seasoned industry executive, STI PHARMA is a privately owned, specialty pharmaceutical company focused on the acquisition, development, licensing and commercialization of generic drugs with a strategic focus on injectables. We are committed to developing high quality injectables designed to meet evolving patient needs. With our well-established relationships with US FDA approved contract manufacturers, we strive to ensure an uninterupted supply of our products to our customers.

A Brief History

STI Milestone Events

Our begining

STI Pharma, located in Newtown, PA, was founded in 2008 by a team of industry veterans.

2008 to 2013
Acquired 6 Products

Acquired 6 generic products (ANDAs) from a global generic pharmaceutical company. Launched Dexamethasone Elixir, Betamethasone Valerate Lotion, Sulfatrim Suspension and Escitalopram Tablets


Contracted with a 3rd party logistics provider (3PL) to provide warehousing, shipping and accounting services for STI’s products. During this time STIi initiated label and marketing capabilities.

Transition to Injectable Products

STI Began transitioning its focus to developing injectable products.

2016 to 2018
Injectable Development

Developed 6 generic injectables products, transitioned the products to manufacturing sites. STI submitted and managed the injectable dossiers with the FDA to approval.

R&D Lab Built

Built R&D laboratories dedicated to formulation development and analytical services

Launched Cyclophosphamide

Launched Cyclophosphamide (1st Oncology product).

Frank Mullery joins STI

Frank Mullery joins STI as President and CCO.

FDA Approvals of Carmustine and Arsenic Trioxide

FDA Approval of Carmustine (1st injectable product). FDA Approval of Arsenic Trioxide (2nd injectable product).

Commercial Launch of Carmustine and FDA Approval of Thiotepa

Commercial launch of Carmustine and FDA approval of Thiotepa (3rd injectable product)

2020 to 2021
3 Product Launches and Expanded Pipeline

Launch of Thiotepa, Arsenic Trioxide and Succinylcholine (1st Commercial License). Expanded pipeline to include 12+ injectable products ranging from oncology to complex peptides


industry experts

Anup Dam
Chairman & Manager
Michael Stalhamer
VP Regulatory Affairs & Product Development
Frank J. Valenti
Vice President Sales, Commercial Group