2 years ago
SolasCure Raises GBP 10.9 Million in Series B Funding
SolasCure, a UK-based biotechnology company, has raised GBP 10.9M in Series B funding led by Seneca Partners
The company will use the funds to support the development of Aurase Wound Gel and progress toward further Phase II clinical trials
SolasCure offers Aurase Wound Gel, a hydrogel containing an enzyme cloned from medical maggots, which aims to accelerate wound debridement.
ProblemHealthcare
"Chronic wounds are a major healthcare issue, causing pain, infection, and disability. Current treatments are often ineffective and time-consuming, leading to a significant burden on patients and the healthcare system."
Solution
"SolasCure has developed Aurase Wound Gel, a hydrogel containing an enzyme cloned from medical maggots that helps to accelerate wound debridement, which is the removal of dead tissue from a wound. This innovative technology aims to provide a faster and more effective treatment option for patients with chronic wounds, leading to improved healing outcomes and reduced healthcare costs."