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Irish Firm Gets Funding for Gastrointestinal Drug

Investing News Network
May. 29, 2013 10:27AM PST
Company News

RTE News reports that a small Irish drug company has secured multi-million-euro funding to research a new drug to treat a range of gastrointestinal disorders and other conditions.

RTE News reports that a small Irish drug company has secured multi-million-euro funding to research a new drug to treat a range of gastrointestinal disorders and other conditions.

As quoted in the market news:

Trino Therapeutics secured the €9m in funding from a new investor, Fountain Healthcare Partners, and its founding investor, Britain-based global charitable foundation the Wellcome Trust. The drug is based on a molecule derived from a fern found in Taiwan.

Click here to read the full RTE News story

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