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Circassia Raises GBP11 Million ($21.8 Million) in Oversubscribed Second Round Funding
Date:1/29/2008

all sections of the allergen molecules responsible for causing allergies (termed T-cell epitopes) to rapidly desensitize sufferers, while minimizing the potential for adverse reactions. The company's ToleroTrans technology uses a similar scientific approach designed to desensitize transplant patients and thereby reduce the risk of organ rejection.

About Circassia

Circassia is a specialty biopharmaceutical company focused on developing medicines designed to control immune system responses. The company has a highly experienced management team with a proven track record in product development and commercialisation, and having successfully completed two substantial fundraising rounds is backed by a syndicate of world-class venture capital and institutional investors.

Circassia's lead products target allergies utilising the company's proprietary T-cell epitope desensitization technology, which was originally developed at Imperial College London. The company is also developing its ToleroTrans organ anti-rejection technology, which uses a similar approach to down-regulate immune responses in transplant patients. Circassia has a number of ongoing development programmes, with the most advanced against cat dander allergy having successfully completed a phase II clinical trial.

For more information please visit http://www.circassia.co.uk.


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SOURCE Circassia Ltd
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