Leanna Davies

DBW FM LTD (Finance Wales) is a venture capital subsidiary of Development Bank of Wales Plc founded in 2000. The firm is headquartered in Cardiff, the United Kingdom.

Ocelus Ltd. is an early stage specialty pharmaceutical company, developing and commercializing the micro implant drug delivery system conceived by Dr Andrew Kirby. Founded in late 2007, Ocelus Ltd is based in South Wales, UK, Ocelus Ltd has been awarded two Welsh Assembly Government innovation grants, and has attracted venture capital funding from Finance Wales. Ocelus' technology was conceived as the answer for delivery of high molecular weight drugs through the skin. Micro needles and other poration technologies are low pain due to the size of the holes made, but suffer from problems in reproducibility of dose, and can only deliver relatively small quantities of drug, whereas large scale single implants are effective and incorporate controlled release of drug over time, but can be painful in use. Ocelus' technology was designed to combine the best of both systems, with small particles being simultaneously injected into the skin at hundreds of sites per square centimeter. These remain in the skin and dissolve rapidly or slowly to release drug.