Glide Pharma Solid Dose Injection

History

Dr Charles Potter founded Caretek Medical Ltd in September 2001 to develop the ImplaJect technology – a novel needle-free drug delivery technology for the injection of drugs and vaccines in a solid dosage form.

The key dates and achievements for the Company, which is now called Glide Pharma, are shown below:-

September 2001 Company founded under the name of Caretek Medical Limited with seed funding from Dr Charles Potter
March 2002 Attracted Smart Award from the UK Department of Trade and Industry
November 2003 Raised equity seed finance in November 2003 from the Oxford Technology 3 Venture Capital Trust
March 2005 Attracted first round equity funding from Oxford Technology Venture Capital Trusts and local business angels. This funding followed excellent data in the clinical study and the signing of a feasibility study with a major global pharmaceutical company
June 2005 First patent granted in the UK
October 2005 Relocated to current facilities at Milton Park
December 2005 First significant fundraising round of £2.1M completed
January 2006 Signed feasibility agreement with major global pharmaceutical company to investigate the delivery of one of its protein therapeutics with the ImplaJect technology
September 2006 Company name changed to Glide Pharmaceutical Technologies Limited.
June 2007 Glide Pharma won overall winner of  Medical Futures Innovation Awards 2007
August 2007 Secured additional £2.3 million in an oversubscribed private funding round
October 2008 Secured further £2.2 million in private funding round
March 2009 Completion of fentanyl phase I study for Glide fentanyl
February 2010 Completed a further oversubscribed £2.7 million funding round
March 2010 Completed successful phase I study for Glide octreotide
September 2010 James Otter appointed CEO
Glide SDI