Q Chip's Board made the following announcement today:
· Q Chip has launched OpsiRx Pharmaceuticals Ltd ("OpsiRx"), the ophthalmology company developing products addressing unmet clinical needs including in uveitis and glaucoma.
· The Company has successfully demonstrated sterile manufacturing for its proprietary technology. Achievement of this milestone now enables production of material for clinical studies. The Independent clinical advisory board to OpsiRx has identified sustained release delivery direct to the eye as the ideal application.
· The company is also pleased to announce that Simon Turton has joined as Chairman. Formerly Head of European Healthcare Investments at Warburg Pincus, Dr Turton brings a wealth of experience in pharmaceuticals including in ophthalmology.