imphatec Ltd has raised $2.0M in seed funding. The round comes from SynBioVen.
The company is working on drug delivery technology aimed at changing how long-term and chronic diseases are treated.
Imphatec Raises $2.0M Seed Round to Revolutionise Chronic Disease Treatment
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imphatecWe are pleased to share that imphatec Ltd has closed an oversubscribed £1.5M seed round, led by SynBioVen. Patients with chronic conditions carry the burden of a daily medication regime, where non-compliance has serious consequences.
Worryingly, even when medication is taken compliantly, current drug-delivery methods mean only a fraction of the dose is distributed effectively. The drugs are not failing. The delivery is. We have built a novel drug-delivery implant platform which releases medication long-term with no patient input or compliance required, improves effective distribution within the body, and can be customised
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