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BOSTON--(BUSINESS WIRE)--Anodyne Nanotech, Inc., a venture-backed biotechnology company based in Boston and specializing in the transdermal delivery of biologics, announced today the appointment of Jeff Mihm as a member of its Board of Directors.Mr. Mihm previously served as the CEO of Noven Pharmaceuticals, a leadi...

Share this article Share this article BOSTON, May 3, 2021 /PRNewswire/ -- Burns & Levinson has closed a $4.2 million seed investment from Velocity Partners, Relativity Healthcare Fund and Big Pi Ventures for Anodyne Nanotech, Inc., a Boston-based biotechnology company developing differentiated, transdermal forms of high-value drugs. The investment will help expand the companys Hero Patch™ platform, which uses microneedle technology to deliver clinically meaningful doses of macromolecules an...

Backers included Velocity Partners, Relativity Healthcare Fund and Big Pi Ventures. The company intends to use the funds to continue to develop its Hero Patch™ platform. Founded by Hojat Rezaei Nejad, Konstantinos Tzortzakis, and Jake Lombardo, Anodyne Nanotech provides a Hero Patch™ platform, which uses microneedle technology to deliver clinically meaningful doses of macromolecules and small molecules. By incorporating solvent-free bulk drug substance directly into microscopic porositi...