Formulex Pharma Innovations

Formulex Pharma Innovations Overview

Formulex Pharma Innovations continues the activities of SoluBest Ltd in the field of nanotechnology-based drug delivery and formulation. Formulex generates innovative formulation solutions for Israeli and global clients in diversified fields such as biopharmaceuticals, nutraceuticals, and agrochemicals. The formulation development is accompanied by full analytical support and stability studies. Formulex has been developing more than 10 medical cannabis products using its patented Solumer and generic technologies. Five of the products are in the clinical and commercial stages. Solumer was developed by Solubest to maximize the solubility, bioavailability, and physical stability of drug substances utilizing sub-micron-particle engineering. The company designed solid dispersion formulations through a proprietary spray drying process. The technology is proven in preclinical and clinical trials to enhance bioavailability and drug substance performance. Formulex is able to develop and produce under GMP conditions oral, topical, and inhaled dosage forms for clinical phases one and two.

Cumulative Funding Raised Over Time ($)

Latest News

Jun 28, 2010 · www.nanotech-now.com

growth-positive

Nanotechnology Now - Press Release: Dr. Amir Zalcenstein, MBA, appointed SoluBest's CEO

SoluBest has appointed Dr. Amir Zalcenstein as its new CEO. Dr. Zalcenstein joined SoluBest in 2007 and has been instrumental in the companys business development. SoluBests technology addresses the problem of drug insolubility and has gained interest from global pharmaceutical companies. The companys free formulation initiative has led to collaboration agreements and marketing agreements with top companies. SoluBest is currently completing a series D financing round, raising $1.5M. The appointment of Dr. Zalcenstein is expected to lead the company to significant revenue generation and further business opportunities.

Management Changes

Funding

Team Members

2

Employees: 1-10

Web & Social Links

Locations

Einstein Street 18, Ness Ziona, Israel

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