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.

Milton, GB
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 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.

Revenue (FY, 2015)

£1.4 m

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


Gross profit (FY, 2015)

£1.3 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(£10.1 m)

EBIT (FY, 2015)

(£12.9 m)

Cash (31-Dec-2015)

£16.2 m
FY, 2013FY, 2014FY, 2015


£147 k£157 k£1.4 m

Revenue growth, %


Cost of goods sold

£70 k

Gross profit

£157 k£1.3 m

Gross profit Margin, %


Sales and marketing expense

£374 k

R&D expense

£3.6 m£5.9 m

General and administrative expense

£4.4 m£7.9 m

Operating expense total

£8 m£14.2 m


(£30.6 m)(£12.9 m)

EBIT margin, %


Interest expense

£161 k£5 k

Interest income

£8 k£1.7 m

Pre tax profit

(£4.9 m)(£29.3 m)(£11.2 m)

Income tax expense

£1 m£1.1 m

Net Income

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


£2.4 m£30.3 m£16.2 m

Accounts Receivable

£160 k£189 k£985 k

Current Assets

£4.1 m£31.6 m£20.3 m


£1.1 m£1.9 m£2.4 m


£4 k£13.1 m£41.3 m

Total Assets

£5.2 m£46.7 m£64 m

Accounts Payable

£1 m£981 k£2.3 m

Current Liabilities

£2.3 m£2.8 m£9.1 m

Retained Earnings

(£4.1 m)(£8.8 m)(£10.1 m)

Total Equity

£760 k£42 m£46.9 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 m£34.3 m(£219 k)

Income Taxes Paid

£799 k£1 m£1.1 m
Y, 2015


£18.6 k

Financial Leverage

1.4 x

Midatech Pharma Operating Metrics

Midatech Pharma's Patents Granted was reported to be 77 in Apr, 2017
Apr, 2017

Patents Granted


Patent Applications


Patent Families


    Midatech Pharma Revenue Breakdown

    Midatech Pharma Online Presence

    Midatech Pharma News

    Midatech Pharma Company Life

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