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Glide Pharma Takes Exclusive Worldwide Rights to Novel Diagnostic Technology for Prostate Cancer
Date:7/29/2014

"Licensing this novel diagnostic technology is an important strategic step for Glide as it broadens both our pipeline and technology base, offers the potential of early revenues, and longer-term plays to our strengths in device development and scale-up," said Dr Mark Carnegie-Brown, Glide Pharma's CEO.  "We believe this innovative technology has the potential to revolutionise the prostate cancer diagnostic market, where there is a clear need for an accurate, rapid non-invasive test.  With our existing portfolio of therapeutics and vaccines making excellent progress, we plan to accelerate the development of this potentially important diagnostic alongside our lead programmes."

Kish Mistry, FScan's CEO, commented, "We are delighted to have executed this agreement with Glide Pharma as they are very well positioned to move this promising technology forward for the benefit of clinicians and patients in the prostate cancer field."

About Glide Pharma 

Glide Pharma is a pharmaceutical development and device company.  Its lead products are based on its proprietary solid dose injector, the Glide SDI®, which offers the potential of improved compliance in long-term therapy and enhanced immune responses to vaccines.  Glide's pipeline includes octreotide, parathyroid hormone and anthrax and influenza vaccines.

The company has a strong management team with extensive experience of the pharmaceutical, biotechnology and medical device sectors.  Glide Pharma has successfully completed five investment rounds, and is supported by a consortium of institutional and private technology investors, including Invesco Perpetual, Oxford Technology Venture Capital Trusts, Oxford Capital Partners and Hygea VCT.  For more information please visit http://www.glidepharma.com.

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Dr Mark Carnegie-Brown
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