PolyActiva logo — Enabling Drug Delivery from Medical Devices

PolyActiva

Enabling Drug Delivery from Medical Devices

Founded 2010 Australia Melbourne, Australia 24 employees Series B Total: $11.13M Biotechnology, Health Care +1

General Information

Company Name PolyActiva
Founded Year 2010
Location Australia Melbourne, Australia
Employees 24
Industries Biotechnology, Health Care, Pharmaceutical
Funding Stage Series B
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About PolyActiva

PolyActiva is a clinical-stage ophthalmology company that specializes in drug delivery from medical devices. The company was founded in 2009 and is headquartered in Australia. PolyActiva stands out with its unique proprietary polymeric prodrug technology which enables precise and controlled drug delivery specifically to the eye. The technology allows for exceptional zero-order release profiles over extended periods, typically ranging from 6 to 12 months.

With a recent Series B investment of $9.53M in February 2013, PolyActiva garnered funding from notable investors including Yuuwa Capital, Brandon Capital, and the Medical Research Commercialisation Fund (MRCF). The company's mission is to establish itself as a leader in ophthalmic medicine by providing biodegradable implants with sustained drug delivery, ultimately aiming to improve patient outcomes and quality of life.

Overall, PolyActiva's innovative approach to ophthalmic drug delivery presents significant potential for addressing unmet medical needs in the field, with the recent investment underscoring confidence in the company's trajectory and technological capabilities.

Business keywords: Ophthalmology, Drug delivery, Polymeric prodrug technology, Biodegradable implants, Sustained drug delivery, Clinical-stage company, Polymer chemistry, Ocular implants, Intra-articular gel implants, Drug-eluting fibers

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series B $9.53M 3
Yuuwa Capital, Brandon Capital +1
19 Feb 2013
Series A $1.60M 1
State Government of Victoria
21 Jul 2011

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FAQ About PolyActiva

Enabling Drug Delivery from Medical Devices
PolyActiva was founded in 2010.
PolyActiva is headquartered in Melbourne, Australia.
PolyActiva operates in Biotechnology, Health Care and Pharmaceutical. Its work centres on Ophthalmology, Drug delivery, Polymeric prodrug technology and Biodegradable implants.
PolyActiva has approximately 24 employees.
PolyActiva has completed 2 funding rounds, raising a total of $11.13M. The latest funding stage is Series B.
Top alternatives and competitors to PolyActiva include EyeD Pharma, Hera Health Solutions, Apidel, Lyra Therapeutics, AMW GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PolyActiva and EyeD Pharma are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PolyActiva, https://bouncewatch.com/company/polyactiva, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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