4 years ago
PetMedix Raises £27 Million to Revolutionize Pet Healthcare
PetMedix, a Cambridge-based startup, has secured £27 million in Series B funding led by Digitalis Ventures and Parkwalk Advisors
The funding will enable PetMedix to transition from an R&D-stage to a clinical-stage international organization
The company is developing new drugs for pet healthcare, aiming to revolutionize the industry by inventing drugs that can help relieve ailments for pets
PetMedix recently completed its first-ever canine trial with one of its antibodies and is excited about the results.
ProblemHealthcare
"Discovering and developing effective drugs for animals is significantly harder than it is for humans, leading to a lack of treatment options for many pet ailments."
Solution
"PetMedix develops new antibodies specifically for animals, offering targeted and effective treatments for a variety of pet health issues."