GOLDEN, Colo.– PharmaJet®, a company that engineers precision delivery systems that overcome the challenges of vaccines and pharmaceuticals delivery, today announced that it received a strategic investment from the Daicel Corporation. This investment coincides with Daicel’s announcement of the establishment of a new company, Daicel Medical Ltd., and reinforces Daicel’s commitment to growth in this critical area of healthcare.
PharmaJet was founded in 2005 with the strategic intent to develop a technology that enables greater access to life saving pharmaceuticals and vaccines globally. They now have a commercially scaled technology that enhances the performance of nucleic acid vaccines and therapeutics, as well as optimizes the delivery of current vaccine technologies. PharmaJet has provided tens of millions of needle-free syringes for vaccination programs globally and has established over 80 global pharmaceutical partnerships.
“I am very pleased with our investment in PharmaJet, and our association with this excellent company. This strategic initiative continues our commitment to expand in the Life Sciences area in general, and specifically the Medical Devices industry. I think this will be the first of many such activities as we continue to build Daicel’s Life Sciences SBU,” stated Yoshimi Ogawa, President of Daicel Corporation.
“We are very pleased with the investment and confidence shown by Daicel,” stated Chris Cappello, President and CEO of PharmaJet. “The additional investment will allow us to continue to grow our business and focus on partnerships that bring life-saving technologies to the market.”
