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Midatech Raises $9.7M to Fund Nano-based Insulin Candidate

By Nuala Moran
BioWorld International Correspondent

Wednesday, January 11, 2012
LONDON – Nanomedicine specialist Midatech Ltd. closed a £6.3 million (US$9.7 million) funding round as it confirmed the formal launch of its joint venture with MonoSol Rx, in which the two partners will develop a gold nanoparticle-based formulation of insulin, designed to be delivered via a patch that adheres to the inside of the mouth.

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