Elder Law Weekly
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Celtic Pharmaceutical Holdings LP
Private equity investment firm acquires stake in Idea AG
October 26th, 2005
Celtic Pharmaceutical Holdings LP and Idea AG announce that Celtic has acquired a 21.7% holding in Idea AG, the Munich-based biopharma company developing targeted therapeutics based on novel, transfersome carriers. Idea's transfersome technology enables the targeted and noninvasive delivery of drugs (including large molecules such as proteins) through the skin, with a particular focus on pain relief and dermatology. The company's transfersome carriers are topically applied on the skin and can be engineered to achieve high drug concentration at or near the site of application, increasing drug potency and diminishing side effects. Idea has an...
Source: Elder Law Weekly (2005-10-26)
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