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Arecor Awarded Biomedical Catalyst Funding Towards £1.3 Million Project
Date:11/6/2012

ill help keep us at the very forefront of life sciences by supporting some of our most innovative SMEs and universities. It will help take excellent ideas through to market, driving growth and helping patients benefit from the very latest technologies and treatments."

The ground  breaking work carried  out using Arecor's patented formulation technology can enable new and better medicines and vaccines.  From its work on over 60 biological molecules, Arecor has developed proprietary technologies to address most of the pathways that lead these products to degrade in storage.  

Arecor's unique technology also enables the development of high concentration forms of antibodies to simplify and reduce the costs of current treatments, which currently require visits to hospitals for administration. This will enable a shift from unsatisfactory outpatient intravenous infusions presently used in clinics to the provision of a ready-to-use autoinjector or simple injection. The benefits of self-administration include increased treatment satisfaction, convenience and improved healthcare costs.

Iain Gray, Chief Executive of the Technology Strategy Board, added:

"We have been hugely impressed by the number and quality of applications, which just goes to show the strength, vitality and innovative spirit of the UK's world-leading life sciences industry.  By providing vital finance to help at least some of these companies to evaluate, develop and demonstrate their exciting healthcare innovations, the Biomedical Catalyst is helping to turn promising ideas into innovative technologies faster, so providing greater benefits to patients through improvements in health outcomes."

Notes to Editors:

1. Further information about Arecor can be found out: http://www.arecor.com/

2. For media enquiries, please contact Arecor press officer Ellee Seymour on +44(0)1353-648565

3. For B
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SOURCE Arecor
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