Midatech Pharma Plc announced it raised $5.01 Million in an initial filing from an offering of $5.01 Million
Midatech Pharma Plc announced it raised $5.01 Million in an initial filing from an offering of $5.01 Million
08/01/24, 7:41 PM
Location
Money raised
$5.01 million
Industry
biotechnology research
Company Info
Location
1 caspian point
cardiff, wales, united kingdom
Additional Info
eRapa is a company that Biodexa Pharmaceuticals PLC recently acquired for the treatment of familial adenomatous polyposis (FAP), an inherited condition which increases the risk of developing colon cancer. The acquisition of eRapa is considered transformational for Biodexa Pharmaceuticals PLC, as it holds promising phase 2 data showing positive results in reducing polyp burden and non-progression rates in FAP patients.