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Pharmeo

EOFlow invests $7.7B in Pharmeo subsidiary for non-insulin drug delivery development

February 16, 2023 By Sean Whooley

EOFlow EOPatch insulin patch

EOFlow announced today that it plans to invest $7.7 billion (9.9 billion Korean Won) in its wholly-owned Pharmeo subsidiary. The investment aims to advance R&D and commercialization of non-insulin drugs with EOFlow’s wearable drug delivery system. EOFlow intends to finance this investment through paid-in capital increase for the subsidiary. EOFlow owes the actual investment, totaling […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, Funding Roundup, Pharmaceuticals, Technology Tagged With: eoflow, Pharmeo

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