• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » Latest News » Selkirk Pharma secures another $12 million in capital

Selkirk Pharma secures another $12 million in capital

West Plains project, site tweaked, records show

October 8, 2020
Virginia Thomas

Spokane-based injectable-drug manufacturing and packaging startup Selkirk Pharma Inc. has raised more than $12 million in financing. 

Separately, Selkirk Pharma has shifted slightly its site for a 147,000-square-foot aseptic manufacturing, warehouse, and office building on the West Plains, and increased the height of the structure.

According to proprietary market data software subscription platform PitchBook, Selkirk Pharma raised $12.2 million in financing from undisclosed investors on Sept. 14.

A representative of Selkirk Pharma didn’t immediately respond to a request for comment.

The company has raised a total of more than $22 million in financing and investments since it was founded in 2018, according to PitchBook.

Meanwhile, a building permit application filed with the city building department in early September shows the company plans to construct a three-story, 147,230-square-foot building, valued at $38 million, on the 9100 block of west Granite Avenue. More than 106,000 square feet will be devoted to manufacturing. About 18,800 square feet will be warehouse space, and office space will occupy about 22,000 square feet.

As previously reported by the Journal, Selkirk Pharma had filed documents with the city in June for a two-story, 147,600-square-foot facility along Granite. However, the building department website shows that the application for that project has been voided, and the current project is under plan review.

Site work permits Selkirk Pharma applied for in late May have been changed to the new site and have been issued by the city, indicating that city has approved installation of the project’s foundation.

According to Spokane County Assessor’s Office records, Selkirk Pharma purchased two vacant development sites along the north side of Granite Avenue in September 2019. The larger, 16.4-acre site at the northeast corner of Granite Avenue and Flint Road, directly north of Northwest Farm Credit Services, was sold to Selkirk Pharma in September 2019 for $1.3 million. Selkirk Pharma also bought the adjoining 8.2-acre site to the east, at the corner of Granite Avenue and South Technology Boulevard, for $1.3 million. 

That site was sold about three weeks ago, on September 23, for $1.3 million to a Texas-based company, according to assessor’s office records. 

As with the original proposal, the contractor on the project is Spokane-based Bouten Construction Co., Bernardo|Wills Architects PC, of Spokane, designed the project. 

    Latest News Health Care Manufacturing Technology
    • Related Articles

      Etailz lands additional $5 million in capital

      Stay Alfred raises $15 million in capital

      SRM Development secures $20 million in private capital

    • Related Products

      Book of Lists - Digital Version - In-Home Care Providers

    Virginia Thomas

    Back to school: Rockwood grows university partnership

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    In which price tier do you see the healthiest buyer activity in the Spokane area right now?

    Popular Articles

    • Fogle (12) web
      By Karina Elias

      A whole new ballgame

    • Kendall (1) web
      By Ethan Pack

      $70M mixed-use project planned in Kendall Yards

    • Mmec web
      By Ethan Pack

      Spokane architectural firm MMEC to close

    • Risingstars 2026logo web
      By Erica Bullock

      Journal of Business announces 2026 Rising Stars

    • Bofa (12) web
      By Ethan Pack

      Downtown Spokane office renovations continue

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2026 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing