Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
Midatech Ltd., a global leader in the design, synthesis and manufacture of nanomedicines based on its unique biocompatible gold-nanoparticles (GNP), is pleased to announce that is has successfully raised ?10 million through the issue of new equity. The investment round was led by Ippon Capital SA, a Geneva-based private equity firm, which committed ?7.6 million with the remainder coming from existing investors.
The funding will be used to advance Midatech's core portfolio of product development programmes for diabetes and cancer with the aim of commercialising these products via partnering and licensing agreements. Midatech will also look to license out its novel GNP technology for new nano-medical applications in diagnostics and imaging and in non-core fields such as cosmetics and electronics with the aim of building additional revenue streams.
http://www.digitaljournal.com/pr/1565701
The funding will be used to advance Midatech's core portfolio of product development programmes for diabetes and cancer with the aim of commercialising these products via partnering and licensing agreements. Midatech will also look to license out its novel GNP technology for new nano-medical applications in diagnostics and imaging and in non-core fields such as cosmetics and electronics with the aim of building additional revenue streams.
http://www.digitaljournal.com/pr/1565701