MHB Labs, a Chestnut Hill, MA-based developer of men’s health products, raised over $1.1M in seed funding.
Backers included Romulus Capital and a group of angel investors including physicians and biotechnology entrepreneurs.
The company intends to use the funds for the early stage development of its products.
Grown out of Men’s Health Boston, a comprehensive men’s health clinic in the US, and led by Ravi Kacker, CEO, MHB Labs aims to leverage clinical insight to develop new and high-impact men’s health products.
Their primary product, AndroSphereTM, involves the application of drug delivery techniques to a well-established but underutilized medication.
It is additionally involved in the development of superior products for the management of erectile dysfunction and anorgasmia.