Financial Times FT.com

Pharmaceuticals: Cutting-edge medicines are failing to open tight wallets

By Lindsay Whipp in Tokyo

Published: December 9 2009 16:44 | Last updated: December 9 2009 16:44

NanoCarrier is a small nano­technology company focused on the development of drug delivery for cancer treatments, and last year listed on the Tokyo Stock Exchange’s Mothers market for start-ups.

The company, based in Tokyo, was set up in 1996 by two Japanese professors, Kazunori Kataoka of University of Tokyo and Professor Teruo Okano of Tokyo Women’s Medical University, who developed the technology for which one product is in phase II of its clinical trials.

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