Midatech is a drug-delivery specialist focused on re-engineering therapeutics through its technology platforms (MidaSolve, local drug-delivery; Q-Sphera, sustained-release; MidaCore, targeted delivery) to improve biodistribution and delivery.
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Midatech is a drug delivery technology company with three key platforms focusing on commercialising and developing products in central nervous system, anti-organ-rejection and brain cancer. The core asset, Q-Sphera, is a sustained release technology; proprietary microspheres that can be tailored to deliver a precise release profile for numerous drugs. The second asset, MidaSolve, is a nanosaccharide technology used to liquefy inherently insoluble drugs to aid local delivery to disease area. Its lead asset, MTX110, is undertaking clinical studies in aggressive brain cancers such as glioblastoma multiforme and diffuse intrinsic pontine glioma, a very rare pediatric cancer. In June 2022, the company received the US FDA fast-track designation for MTX110 in glioblastoma and an EMA orphan drug designation for the treatment of gliomas.
Y/E Dec |
Revenue (£m) |
EBITDA (£m) |
PBT (£m) |
EPS (p) |
P/E (x) |
P/CF (x) |
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| 2020A | 0.3 | (9.5) | (11.1) | (22.92) | N/A | N/A |
| 2021A | 0.6 | (6.6) | (6.1) | (6.78) | N/A | N/A |
| 2022E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2023E | N/A | N/A | N/A | N/A | N/A | N/A |
Industry outlook
The proprietary platforms develop products that address debilitating conditions with significant clinical needs. Applications are expected to be out-licensed for development following proof of concept.
Last updated on 28/09/2022Content on Midatech Pharma
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Key management |
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| Dr Stephen Parker | Chairman |
| Stephen Stamp | CEO and CFO |