Ulster University spinout targeting obesity & diabetes wins funding

Quick Summary:

This funding round was led by DSW Ventures with additional support from Northern Ireland-based QUBIS Ltd and Innovate UK.

However they are said to suffer from well-documented negative side effects – commonly including nausea, vomiting and diarrhoea – as well as poor long-term effectiveness and adherence.

With more than 4 million people in the UK living with diabetes and £10 billion per year spent by the NHS on related care, there is a pressing need for more effective solutions.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United KingdomIreland

Topics: MedTech Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 15:27:39 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 24414298

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Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

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