Merrion Pharma to raise funds to develop products

Company has already raised $24m and now hopes to develop drug delivery technology through flotation, writes Gavin Daly.

7th April, 2007

Company has already raised $24m and now hopes to develop drug delivery technology through flotation, writes Gavin Daly.

Merrion Pharmaceuticals, the Dublin Firm that plans to list in Ireland and the US next month, is betting on investor interest in the potential of its drugs.

The company has a limited trading history, with turnover of just over $200,000 (€150,000) from the time it was founded in December 2003 to the end of September last year.

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