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 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 Data and Metrics

Midatech Pharma Financial Metrics

Midatech Pharma's revenue was reported to be £1.4 m in FY, 2015 which is a 776% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

1.4 m

Revenue growth (FY, 2014 - FY, 2015), %

776%

Gross profit (FY, 2015)

1.3 m

Gross profit margin (FY, 2015), %

95%

Net income (FY, 2015)

(10.1 m)

EBIT (FY, 2015)

(12.9 m)

Cash (31-Dec-2015)

16.2 m
FY, 2013FY, 2014FY, 2015

Revenue

147 k157 k1.4 m

Revenue growth, %

7%776%

Cost of goods sold

70 k

Gross profit

157 k1.3 m

Gross profit Margin, %

100%95%

Sales and marketing expense

374 k

R&D expense

3.6 m5.9 m

General and administrative expense

4.4 m7.9 m

Operating expense total

8 m14.2 m

EBIT

(30.6 m)(12.9 m)

EBIT margin, %

(19482%)(939%)

Interest expense

161 k5 k

Interest income

8 k1.7 m

Pre tax profit

(4.9 m)(29.3 m)(11.2 m)

Income tax expense

1 m1.1 m

Net Income

(4.1 m)(8.8 m)(10.1 m)
FY, 2013FY, 2014FY, 2015

Cash

2.4 m30.3 m16.2 m

Accounts Receivable

160 k189 k985 k

Current Assets

4.1 m31.6 m20.3 m

PP&E

1.1 m1.9 m2.4 m

Goodwill

4 k13.1 m41.3 m

Total Assets

5.2 m46.7 m64 m

Accounts Payable

1 m981 k2.3 m

Current Liabilities

2.3 m2.8 m9.1 m

Retained Earnings

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

Total Equity

760 k42 m46.9 m

Financial Leverage

6.8 x1.1 x1.4 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

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

Cash From Financing Activities

6.7 m34.3 m(219 k)

Income Taxes Paid

799 k1 m1.1 m
Numbers are in £, GBPY, 2015

Revenue/Employee

18.6 k

Financial Leverage

1.4 x

Midatech Pharma Operating Metrics

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

Patents Granted

77

Patent Applications

81

Patent Families

35

    Midatech Pharma Revenue Breakdown

    Midatech Pharma Online and Social Media Presence

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