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Fundraisings and IPOs

Date: 2013-07-29

Type of information: Grant

Company: Arecor (UK)

Investors:

Amount:

Funding type: award

Planned used:

The funds will be used to develop a stable formulation for the flu vaccine candidate REDEE FLU™.

Others:

* On July 29, 2013, Arecor has received the funding to pursue a research project applying Arecor’s innovative Arestat™ formulation technology to a promising flu vaccine, REDEE FLU™, developed by the US company FluGen. The UK’s innovation agency, the Technology Strategy Board, has awarded Arecor a Proof of Concept award through its Smart programme, to engage in research and development in the strategically important area of developing a stable formulation for REDEE FLU™.
A critical component to the success of REDEE FLU™ is how it is formulated for storage and shipment. This is where the innovative UK formulation experts Arecor join the team. The Arecor/FluGen international collaboration will begin in July and continue into 2014.

Therapeutic area: Infectious diseases

Is general: Yes