DuoCort awarded 3.4 MSEK by VINNOVA

DuoCort AB, one of PULS portfolio companies, has been awarded 3.4 MSEK by VINNOVA, the Swedish Governmental Agency for Innovation Systems, to co-finance the early phases of one of DuoCort’s R&D projects. DuoCort will use the VINNOVA funding to help develop and test a glucocorticoid pharmaceutical product for use in emergency situations where acute glucocorticoid therapy is required, such as acute adrenal crisis, anaphylactic reactions, acute allergic and asthmatic reactions, trauma, and other acute conditions where the systemic administration of corticosteroids is indicated.

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