Pharmaceutical company Crossject (Euronext Growth Paris:ALCJ) announced on Wednesday that it has received EUR6.9m in public funding from the French government's France 2030 plan to accelerate the development of its ZENEO Epinephrine auto-injector.
The funding, primarily grants with some subsidised loans, supports Crossject's innovative project to create a needle-free emergency treatment for severe allergic reactions.
ZENEO Epinephrine boasts a patented, sulphite-free formulation designed for reduced allergy risks and longer shelf life. The auto-injector ensures complete and rapid medication delivery.
Crossject aims to file for regulatory approval in Europe and the United States by 2026.
Crossject secures EUR6.9m French government grant to advance ZENEO Epinephrine
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