7 years ago
Arecor Secures £6 Million to Advance Diabetes Treatment Solutions
Arecor, a UK-based biopharmaceutical formulation company, has raised £6 million in funding led by Calculus Capital with participation from Albion Capital and Downing Ventures
The funds will be used to advance pharmaceutical drugs for diabetes and other conditions
Arecor's technology platform creates drugs that mimic the natural insulin response of healthy individuals, improving health outcomes for diabetes patients
The company plans to complete clinical trials for its diabetic compounds and partner for late-stage studies and global market access.
ProblemHealthcare
"Making insulin delivery more effective and mimicking the natural response of a healthy person to glucose, improving health outcomes for people with diabetes."
Solution
"Developing ultra-rapid acting insulin and ultra-concentrated insulin that closely mimic the insulin profile of healthy individuals, improving health outcomes and quality of life for people living with diabetes."