CeQur raises $115M for wearable insulin delivery device - Mass Device

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CeQur announced today that it closed an oversubscribed equity financing round with proceeds of $115 million.

Lucerne, Switzerland/Marlborough, Mass.-based CeQur said in a news release that it plans to use the funds to advance the commercial plans for the CeQur Simplicity wearable insulin delivery device. The company’s plans include market development, a phased commercial launch with a limited market release in 2021 and the scale-up of high-volume manufacturing.

Get the full story at our sister site, Drug Delivery Business News.

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CeQur raises $115M for wearable insulin delivery device - Mass Device
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