MyLife raises funds for vaccine patch development

By The Science Advisory Board staff writers

November 12, 2021 -- MyLife Technologies reports it has raised $4 million from Dutch investors Fare Capital, SAL Beheer, informal investors, and existing shareholders.

The new funding allows the company to begin producing vaccine patches for clinical studies. In addition, it permits MyLife to invest with partners in demonstration projects targeting COVID-19, human papilloma virus, and a variety of cancers.

MyLife said it foresees a series A investment round of an estimated $17.5 million in early 2023 for the construction of a pilot plant and expansion of activities to the U.S. and Asia.

MyLife Technologies vaccine patch.
MyLife Ceramic Skin Patch allows for the simple, efficient, and painless administration of vaccines through the skin. Image courtesy of MyLife Technologies.

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