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Immuron

Immuron focuses on oral immunotherapy using polyclonal antibody products for humans.

Backed by

ImmuronImmuron

Raised 1.67M EQUITY on October 13, 2022

About

Immuron develops and commercializes oral immunotherapeutics for gut-mediated diseases (e.g., Travelan) and pursues organic growth, M&A, and partnerships for reciprocal distribution, joint R&D, and expanded product-market reach including IBS.

Mission

Immuron develops and commercialises oral immunotherapeutic products targeting gut-mediated diseases, including its Travelan® travel-diarrhea product. The company is pursuing an organic growth and M&A strategy built on expanding market verticals, customer base, distribution and product offerings. Immuron has committed cash reserves to a strategic equity investment in Ateria Health to gain exposure to the IBS market and complementary products. Management intends to leverage reciprocal distribution, joint R&D and sales & marketing to expand Travelan® and incorporate Ateria’s JUVIA™ in new markets. The company funded the upfront investment from existing cash reserves and views the deal as the first milestone in its stated growth strategy.

Quick Facts

Founded

1994

Funding

EQUITY

Industry

Biopharma, Biotechnology

Team Size

1-10

Headquarters

Armadale, Victoria, Australia