Spherics Secures $26.4M Financing to Advance Clinical Programs Based on Proprietary Oral Drug Delivery Platform

News | 05. 12. 2005


Spherics, Inc., an emerging pharmaceutical company focused on applying its oral drug delivery platform to develop products with improved therapeutic profiles, today announced that it has successfully completed its Series C round of financing, raising $26.4M. The proceeds from this financing will be used to advance the Company’s pipeline of products based on its proprietary drug delivery technologies, as well as enhance its commercialization and business development capabilities.