Mogrify Completes Series A Financing Totaling $33 Million USD
Second close of $17 million USD brings total raised in Series A to $33 million USD
Funding led by Parkwalk Advisors with participation from strategic investor: Astellas Venture Management, as well as 24Haymarket, Dr Jonathan Milner and Dr Darrin M Disley OBE
Funding will support advancement of immuno-oncology and ophthalmology programs through to IND-enabling studies, as well as continued platform development and exploration of cell reprogramming for novel therapeutic application
Appointment of Dr Lorenz Mayr to the Board of Directors, as Non-Executive Director, and Dr Hiromichi Kimura, Astellas Venture Management, as an Observer
Mogrify Limited (Mogrify
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Presence of various filtration techniques such as ultrafiltration, nanofiltration and microfiltration under membrane technology has increased its acceptance in pharmaceutical, biopharmaceutical and life science industries for separation and purification of components and biomolecules, over conventional techniques.
However, the market faces some restraints such as effects of membrane fouling, high operational and investment cost and limitation of membrane materials. As a result, the market is expected to grow at a
CAGR of about
9.1% during 2014-2019.
North America is the largest market for membrane technology in pharmaceutical, biopharmaceutical and life sciences industries. The U.S. is the world’s largest market for pharmaceutical and biopharmaceutical products. According to the European Federation of Pharmaceutical Industries and Associations, North America accounted for about 41% of global pharmaceutical sales in 2012.
Global Human Gene Sequencing Market Report 2021-2025: COVID-19 Pandemic has Put the Market on Pause prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Major Features of Membrane Technology in Pharma, Biopharma, And Life Science Market Report:
By identifying the growth, size, leading players, and market segments of the Membrane Technology in Pharma, Biopharma, And Life Science market, save and reduce the time for entry-level research.
Highlight key business priorities to help the company realign its business strategy.
The key findings and recommendations highlight the vital and evolving industry trends in the Membrane Technology in Pharma, Biopharma, And Life Science market so that participants in the entire value chain can formulate effective long-term strategies.
Develop/modify business expansion plans by using the massive growth provided to developed and emerging markets.