Glaswegian biotech attracts funding for COVID-19 therapeutic

1 December 2020

Privately-held Scottish biotech ILC Therapeutics has secured an investment from Medical Incubator Japan, a Tokyo-based fund specializing in healthcare.

ILC, which has garnered attention through its work exploring COVID-19 therapeutic treatments with the University of St Andrews, is working on synthetic ‘hybrid’ interferons.

The company is based at the BioCity science incubator, outside Glasgow.

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