Celltran clinches £1m funding:
This article was originally published in Clinica
UK wound care therapy developer Celltran is accelerating the development and commercialisation of its core products after securing £1m ($2m) in additional funding. The Sheffield-based company said its Ulcodress plus (for treating static chronic wounds) and Cryoskin (for treating burns) products are poised to enter the market. It already has a revenue-generating product, Myskin, available in the UK, while Lyphoderm, a wound care product made from freeze-dried donor skin cells, is about to enter phase III trials. The financing round was led by Yorkshire Fund Managers and included contributions from all Celltran's existing shareholders including South Yorkshire Investment Fund, Innogetics, Biofusion, White Rose Technology Seedcore Fund and PUK Ventures.
You may also be interested in...
The European public assessment report for Kaftrio shows that EU regulators had concerns about whether Vertex’s triple drug combination for cystic fibrosis represented a new treatment paradigm.
Swissmedic says its good manufacturing practice certificates remain valid for longer than companies might assume. Separately, it is giving companies more time to conduct nitrosamine-related risk evaluations.
Stada has appointed a head of digital communications; PGEU elects new chair and vice-chair; and the new UK health claims committee unveils its first members.