Kenneth Kirby
North Palm Beach, FL (USA)
Role(s):
TransDermal Technoogies, Inc.
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Startup
Location:
North Palm Beach
Industry:
Bio-Technology
Year Founded:
1990
Number Employees:
INVALID
Description:
TTI has invented a process for creating a delivery system enabling a drug to be mist-sprayed onto the skin, rubbed in and rapidly absorbed, bypassing stomach and liver which makes drugs easier to tolerate. The technology dubbed TDS(R) is easily applicable to most drugs and has been demonstrated effective in over 17 trials of 15 various drugs including 5 human trials conducted at the Royal London School of Medicine. We expect to make a license deal generating 9 figures over time later this year for the the most advanced application. We have self-funded the technology development to date from revenues with the help of a few angel investors. The Company is operated on a break even basis with invested capital mostly going to develop technology. We have received nearly $1 Million in research