
UK - Welsh biopharmaceutical company receives £1m investment
The Welsh Assembly Government has invested ТЃ1m through its SMARTCymru programme to Protherics Plc, a biopharmaceutical company which has its main manufacturing operations in Ceredigion. The grant will be used to support the manufacture of Prothericsт promising anti-sepsis drug CytoFabтЂ, which is being developed in partnership with AstraZeneca. CytoFabтЂ is a first in class anti-TNF-alpha polyclonal antibody fragment (Fab) product, which is being developed for the treatment of severe sepsis.
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