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Glythera Relocates to North East as Part of £2M Funding Round
Date:6/21/2012

demonstrates that the industry continues to develop and expand apace. The technology being developed is highly innovative and could transform the use of vaccines and therapeutics. With a revolutionary product and extremely experienced management team, we're confident that Glythera will hit its targets and continue to build a reputation as a rising star within the pharmaceutical industry."

For more information about Glythera, visit http://www.glythera.com

For more information on the Finance for Business North East Technology Fund, visit: http://www.thenortheasttechnologyfund.com.

About Glythera

Glythera Limited is a biotechnology company specialising in the development of enhanced protein/peptide therapeutics through the use of advanced glycosylation and conjugation technologies. Originally spun-out from the University of Bath, the Company relocated to the Newcastle-upon-Tyne INEX incubator facility in 2012, following investment from the IP Group and the Finance for Business North East Technology Fund. Gylthera's core technologies - Permalink and Permacarb - allow the selective and stable functionalisation and glycosylation of biopharmaceuticals for improved stability, bioavailability and efficacy.

About IP Group

IP Group is a leading UK intellectual property (IP) commercialisation company, developing technology innovations primarily from its research intensive partner universities. The Group offers more than traditional venture capital, providing its companies with access to business building expertise, networks, recruitment and business support.

The Company's portfolio comprises holdings in over 60 companies including Oxford Nanopore Technologies, the DNA sequencing development company, Revolymer, best known for its removable chewing gum and Xeros, which has received many accolades for its revolutionary clothes washing tec
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SOURCE Glythera
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