31 October 2007: Successful £500,000 Initial Fund Raising By CM&D Pharma Ltd Chertsey, UK, 31st October, 2007. CM&D Pharma Limited, the European niche specialty company, announced today that it had been successful in raising £500,000 seed funding from selected private investors. Stephen Appelbee, Chief Executive Officer of CM&D said: ‘We have already identified the core of our product and technology portfolio, and this money will be targeted at its acquisition over the coming months. This successful fund raising is a clear independent validation of our business model, and marks another stage in our rapid progress. Product development will be funded by partnerships, and/or the presale of rights for non-core territories. Corporate acquisitions will be funded separately as appropriate.’ Further information: Stephen Appelbee +44 1932 796083, appelbee@cmdpharmaltd.com > Back