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Iroko gains control of SoluMatrix platform in iCeutica takeover

10 May 2011

Executive Summary

Spec pharma Iroko Pharmaceuticals LLC has paid an undisclosed amount for fellow private drug reformulation specialist iCeutica Inc., which said the purchase price is a 10x-plus step-up to the post-money valuation of the company’s $1mm Series A financing in 2005.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
      • Nasal
      • Pulmonary
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Full Acquisition
    • Payment Includes Cash

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