8 years ago
Lamellar Biomedical Secures £5.75 Million Series C Funding for Expansion
Lamellar Biomedical, a Scottish biotechnology company, raised £5.75 million in Series C funding
The round was led by Invesco Asset Management Limited and supported by the Scottish Investment Bank
The funds will be used to commercialize Lamelleye and Visco-ease, generate clinical data for Muco-ease, and expand the company's pipeline of pharmaceuticals.
ProblemHealthcare
"Developing treatments for dry eye disease, radiotherapy-induced xerostomia and cystic fibrosis in high unmet medical needs"
Solution
"Lamellar Biomedical is developing a range of patent-protected medical and pharmaceutical products, including Lamelleye, Visco-ease, Muco-ease and LAMELLASOME[TM] based pharmaceuticals"