Burdica launches L2M fundraising program
Scotland-based Burdica Biomed will sustain its profitability through to 2011 with a single round of funding if its L2.0 million ($4.0 million) fundraising program is successful.
The venture has patented a faster, more cost-effective method of producing cross-linked hyaluronic acid.
HA is a natural polymer contained in all of Burdica's product range, which will include: sexual and infertility lubricants; injectable and transdermal fillers for use in esthetic indications; and implants to treat urinary incontinence and bladder malformations.
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