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ArrayPatch

MedTech
by Dr. Waleed Faisal

ArrayPatch has developed an award-winning dissolving microneedle patch technology to deliver drug therapies for a number of conditions in a safer more effective way.

113% Funded
Invested
€2,025,859
Equity
28.57%
Time left
0h 0m
Target
€1,800,000
Investors
136
Investment Closed

Company Summary

 

ArrayPatch is developing a patented dissolving microneedle drug delivery platform called DerMap, effective delivery of medicines through the skin. Its lead product, ITZ-DerMap, targets nail fungal infections, with further applications in skin cancer, weight loss, diabetes and migraine.

 

Key highlights: 

  • Winner of the InterTradeIreland All-Island Seedcorn Investor Readiness Competition 2025.
  • DerMap-Breakthrough platform technology attracting strong industry interest.
  • Protected by patent filings in multiple jurisdictions.
  • The lead product from platform, ITZ-Dermap™, targets nail fungal infections-a disease that affects 1 in 4 people globally.
  • Global nail fungal treatment market valued at $4.7bn in 2022, projected to reach $6.2bn by 2027.
  • Proof of concept completed with strong preclinical data indicating commercial potential.
  • ITZ-DerMap™ has potential to deliver superior patient outcomes-higher cure rates and shorter treatment times versus current treatments, and higher compliance.
  • Additional DerMap applications include skin cancer, migraine, diabetes and weight loss-markets worth >$70bn.
  • Enterprise Ireland HPSU company.
  • More than €1.3m invested in the technology prior to spin-out from UCC.
  • Raising seed round with €1.68m in equity investment committed.
  • Lead investor: Lakeside Capital.
  • Platform technology provides multiple exit avenues for investors.
  • World class management team accumulating more than 75 years of commercial and industrial experience.

 

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