Financing and timeline

2005 Acquisition of the patent which forms the base of development of PHY010,

a Phytoceuticals wound healing product.

2007 Phytoceuticals is founded as an AG in Switzerland

Seed financing: CHF 1.8 million

2008 European patent obtained for PHY010

Second financing round: CHF 1.3 million

2009 Start of registration procedure for PHY010

2010 Third financing round: CHF 1.5 million

Expected: product registration and start distribution