Lipid Pharmaceuticals - Reykjavík, Iceland

Lipid Pharmaceuticals is a privately owned pharmaceutical company that specializes in the development of new drugs and medical products made from omega-3 rich marine oils. Their most advanced drug candidate, LP101 suppositories, is designed for use in children as a laxative and has been tested in two Phase II studies, which showed that it is both safe and effective. Lipid is already selling an anti-bacterial veterinary ointment and has additional products in development that make use of the special qualities of their specially designed natural marine oils.