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Showing posts from November, 2026

ArrayPatch Completes Oversubscribed €3.2 Million Seed Financing to Advance Next-Generation Microneedle Therapeutics

  CORK, Ireland, Nov 6 (Bernama-GLOBE NEWSWIRE) -- ArrayPatch Ltd (“ArrayPatch”), a biotech company developing innovative microneedle-based therapeutics, today announced the successful completion of the second close of its seed financing round, securing an additional €1.6 million, bringing the total raised to €3.2 million. The latest investment comes from impact-focused venture capital firm WakeUp Capital along with funds raised via Spark Venture Funding and Dr. Mark Ledwidge plus existing lead investor Lakeside Capital and DeepIE Ventures. The proceeds from the seed financing will be used to accelerate the development of programs leveraging its proprietary DerMap™ dissolving microneedle patch platform towards first-in-human studies, with an initial focus on GLP-DerMap™ for the treatment of obesity and diabetes, and VIS-DerMap™ for the treatment of basal cell carcinoma. DerMap™ is the only microneedle patch delivery technology whereby the microneedles are made entirely from the me...

Arla Foods Ingredients and wheyco to exhibit together at Fi Europe under ‘Growing Stronger Together’ theme

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  FRANKFURT, Germany, Nov 3 (Bernama-GLOBE NEWSWIRE) -- Arla Foods Ingredients and wheyco, DMK Group’s whey business, are to exhibit together at a trade event for the first time since the merger of their parent companies. On 1st June, Arla Foods and DMK Group came together to form Europe’s largest dairy cooperative. At Fi Europe (17th-19th November in Frankfurt), Arla Foods Ingredients, a subsidiary of Arla Foods, will demonstrate how the merger has created a stronger ingredients business. The DMK Group and Arla Foods Ingredients stands will be located opposite one another, both carrying the message ‘Growing Stronger Together’, with DMK’s subsidiary wheyco represented on the Arla Foods Ingredients stand. Anne Widart, Vice President, Commercial, at Arla Foods Ingredients said: “One of the many benefits of the merger has been the creation of an ingredients powerhouse. It has unlocked new synergies and opportunities, allowing us to build something even better for the future. Fi Euro...