News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Glide Pharma Secures Further £2.2 Million to Accelerate Development Programme


10/13/2008 10:33:20 AM

OXFORD, England--(BUSINESS WIRE)--Specialty pharma company, Glide Pharma, today announced it has raised a further £2.2 million to develop the Glide SDI™ - Solid Dose Injector. Despite the harsh economic climate, existing investors, led by the Oxford Technology VCTs, were quick to respond and were joined by a handful of new investors in a fully subscribed fundraising. The funding comes at an exciting stage in the company’s development as it targets the biologics injectables market which is forecast to grow to over $50 billion by 2012. The Glide SDI is now in feasibility studies for delivering vaccines and biopharmaceuticals with five partners, three of which are new partners for 2008.

Read at BioSpace.com

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES