Sci-Tech Daresbury’s malaria specialists Livful secures investment round as it looks to expand product range
US biotechnology start-up LivFul, which has its European base at Sci-Tech Daresbury’s Innovation Centre, is looking to further expand its work saving lives from malaria and other insect-borne diseases following a recent funding boost.
Business development initiatives around the world
A management led investment round has secured $1.5m to support the company’s ambitious growth plans.
The company’s major markets are now opening up following the pandemic, with interest in Livful’s Enhanced Insect Repellent ramping up. Livful is currently focussing its business development initiatives on Australia, the United States, Uganda, Nigeria, Indonesia and the Philippines.
Environmentally friendly product
Livful’s patented STAYTEC™ technology enables the production of next-gen insect repellents. Using Merck’s highly reputable active ingredient IR3535™, LivFul created a repellent that defied expectations. The environmentally friendly product delivers the unique combination of long-lasting (14 hours) protection with a smooth lotion like feel.