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DermaGen AB Receives Over 1 Million Euros From a New Share Issue
Date:4/2/2008

llion in 2013.

The disease is characterized by chronic and pruritic inflammation of the skin, which affects about 10-20 % of children and 1-3 % of adults worldwide Moderate-to-severe AD has a profound effect on the quality of life. Intractable itching, skin damage, soreness and sleep loss all compound the burden of disease. More than 90 % of all patients are colonized or infected by Staphylococcus aureus. These infections may aggravate the disease through the production of superantigens that induce an inflammation of the skin. In addition, these infections worsen the inflammation and increase the severity of the eczema. It is estimated that about 40 % of eczematous lesions are co-infected. Micro-organisms, therefore, are not merely aetiological factors, but may also be responsible for sustained disease activity as well as resistance to therapy. There is clearly an unmet medical need for topical antibiotics in this market.

About DermaGen

DermaGen AB founded in 2004, is a world leader in research on endogenous antimicrobial peptides. A specialty pharmaceutical company focusing on the development of topically applied products for the prevention and treatment of bacterial and fungal skin infections. Based on novel antimicrobial peptides, modified to increase potency and stability the products are designed to fulfil unmet medical need and significantly improve quality of life.

DermaGen partners with leading international pharmaceutical companies in the dermatological field.

Based in Lund, DermaGen functions as a virtual company, improving cost-effectiveness by engaging CROs and consultants when needed.

DermaGen is part of Karolinska Development Portfolio.

For more information, please visit http://www.dermagen.se.

About Midroc New Technology

Midroc New Technology AB is a Swedish venture capital company that invests at early stages in technologies with demonstr
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SOURCE DermaGen AB
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