Midatech Pharma

Midatech is a world leader in the design, synthesis and manufacture of biocompatible gold nanoparticles (GNPs) with a core focus on therapeutics for diabetes and cancer.
Midatech has a strong pipeline of product candidates in clinical and pre-clinical development for the treatment of diabetes and various cancers. In 2012, Midatech established MidaSol Therapeutics LP, a strategic joint venture with MonoSol Rx LLC to focus on the development and commercialization, via partnering or licensing, of products primarily for the treatment of diabetes. MidaSol’s lead product, Midaform™ Insulin PharmFilm, is a unique product for the oral delivery of insulin in diabetic patients and will enter Phase II clinical studies in 2014. These technologies are also being evaluated in the diabetes area by a major US pharmaceutical company.
Midatech’s unique GNP technology enables the administration and targeted delivery of therapeutic compounds to specific cells and tissues. Multiple drug molecules can be attached to one of its GNPs allowing multivalent drug or multi-drug delivery. The size of the GNPs potentially also enables drug delivery via a variety of different routes of administration, such as oral, parental, transdermal, mucosal, intradermal, transbuccal, sublingual or intranasal/inhalation.
Midatech has exclusive world-wide IP for the technology covering design, manufacture and application of nanoparticles in therapeutic and diagnostic pharmaceutical areas as well as in other industries.
In 2014, Midatech Pharma acquired Q Chip, now Midatech Pharma Wales to support novel delivery platforms and product developments in cancer, diabetes and ophthalmology. Q Chip has developed a complementary technology and products that allow sustained release of substances over extended periods of time and will provide a platform to incorporate Midatech's gold nanoparticle (GNP) compounds for sustained and extended release.

Type
Public
HQ
Milton, GB
Founded
2000
Size (employees)
74 (est)
Midatech Pharma was founded in 2000 and is headquartered in Milton, GB

Key People/Management at Midatech Pharma

Nick Robbins-Cherry

Nick Robbins-Cherry

Chief Financial Officer
Daniel Palmer

Daniel Palmer

Chief Scientific Officer
Tom Coulter

Tom Coulter

Head of Chemistry
David Webb

David Webb

VP Manufacturing
Emma Matthews

Emma Matthews

Executive PA and HR Manager

Midatech Pharma Office Locations

Midatech Pharma has an office in Milton
Milton, GB (HQ)
65 Innovation Drive Milton Park Abingdon Oxfordshire

Midatech Pharma Financials and Metrics

Midatech Pharma Financials

Midatech Pharma's revenue was reported to be £6.9 m in FY, 2016
GBP

Revenue (FY, 2016)

6.9 m

Revenue growth (FY, 2015 - FY, 2016), %

403%

Gross profit (FY, 2016)

6.3 m

Gross profit margin (FY, 2016), %

90%

Net income (FY, 2016)

(20.2 m)

Cash (31-Dec-2016)

17.6 m
GBPFY, 2013FY, 2013FY, 2014FY, 2015FY, 2016FY, 2016

Revenue

147 k147 k157 k1.4 m6.9 m6.9 m

Revenue growth, %

7%776%403%403%

Cost of goods sold

70 k667 k667 k

Gross profit

1.3 m6.3 m6.3 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.4 m30.3 m16.2 m17.6 m

Accounts Receivable

160 k189 k985 k1.4 m

Inventories

459 k817 k

Current Assets

4.1 m31.6 m20.3 m22.3 m
    GBPFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (4.1 m)(8.8 m)(10.1 m)(20.2 m)

    Cash From Operating Activities

    (4.4 m)(5.5 m)(12.4 m)(13.1 m)

    Cash From Financing Activities

    6.7 m34.3 m(219 k)15.3 m

    Net Change in Cash

    2.3 m27.9 m(14.2 m)967 k
      Y, 2016

      Financial Leverage

      1.2 x
      Show all financial metrics

      Midatech Pharma Operating Metrics

      Midatech Pharma's Patent Applications was reported to be 81 in Apr, 2017
      Apr, 2017

      Patents Issued

      77

      Patent Applications

      81

      Patents and Patent Applications

      35
      Show all operating metrics

      Midatech Pharma Revenue Breakdown

      Traffic Overview of Midatech Pharma

      Midatech Pharma Company Life and Culture

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