ADC Biotechnology secures funding for new facility in Deeside
Insider Media has reported that ADC Biotechnology, a developer of anti-cancer drugs, has secured investment to support construction of a pharmaceutical manufacturing facility in Deeside, which will create about fifty jobs. The facility will cost £8m to construct, a substantial part of which has been funded by a syndicate of technology investors, including Maven Capital … Continue reading ADC Biotechnology secures funding for new facility in Deeside
Cellnovo confident despite decreased sales
Cellnovo Group has published its financial results for the half year ending June 30th 2017, and provided an update on production. Sophie Baratte, Chief Executive Officer of Cellnovo, said “Cellnovo remains well placed to capitalise on the potential of its unique diabetes management system. Progress towards industrial production is ongoing, we have a strong international … Continue reading Cellnovo confident despite decreased sales
MedaPhor to acquire Intelligent Ultrasound
Insider Media has reported that MedaPhor is to acquire Intelligent Ultrasound, a University of Oxford spinout, in a deal worth up to £3.6m. Intelligent Ultrasound develops image analysis software for ultrasound. MedaPhor said bringing Intelligent Ultrasound into the fold would allow it to expand its existing ultrasound simulator business into the larger ultrasound related software … Continue reading MedaPhor to acquire Intelligent Ultrasound
Continued good progress for EKF Diagnostics
Insider Media has reported that EKF Diagnostics’ turnover has grown by more than 20% in its half year results. According to the company’s results for the six months to June 30th 2017, turnover grew to £21.5m from £17.5m in the same period of 2016. Pre-tax profit was £1.4m, compared to a £1.2m loss the year … Continue reading Continued good progress for EKF Diagnostics
Start up signs deal to supply sanitary products to Boots
WalesOnline has reported that Kale & Bee have signed a deal with Boots. The deal with Boots will see Kale & Bee’s Kind Organic range of clinically proven non-irritating sanitary protection listed in four hundred and forty four stores across the UK and Ireland from September. The company hopes that its first high street listing … Continue reading Start up signs deal to supply sanitary products to Boots
TrakCel announce partnership with Cell and Gene Therapy Catapult
TrakCel has announced a partnership agreement to incorporate its needle-to-needle supply chain management platform into the Cell and Gene Therapy Catapult’s large scale cell and gene therapy manufacturing centre. The 7,200m² manufacturing centre provides a state of the art GMP facility and support infrastructure to enable collaborators to carry out the large scale manufacture of … Continue reading TrakCel announce partnership with Cell and Gene Therapy Catapult
AstraZeneca to invest in their Macclesfield site
Insider Media has reported that AstraZeneca is set to ramp up production at its Macclesfield campus. The investment into their 3,500 strong Macclesfield campus is due to be announced this week to coincide with the launch of the government’s life sciences industrial strategy, according to The Daily Telegraph. The total value of the investment is … Continue reading AstraZeneca to invest in their Macclesfield site
Jellagen secures £329,087 grant
MediWales have reported that Jellagen has been awarded £329,087 in grant funding from Innovate UK’s Industrial Strategy Challenge Fund Competition. Funding from Innovate UK will be used to support the optimisation of a proprietary method of functionalising collagen with the aim of tackling the two main clinical issues associated with chronic wounds; sepsis and maintaining … Continue reading Jellagen secures £329,087 grant
World’s smallest surgical robot mimics the human arm
The Guardian has reported that Cambridge Medical Robotics has developed the world’s smallest surgical robot which could transform everyday operations for tens of thousands of patients. From a converted pig shed in the Cambridgeshire countryside, a team of a hundred scientists and engineers have used low cost technology originally developed for mobile phones and space … Continue reading World’s smallest surgical robot mimics the human arm
Greenaway Scott advises on major global medical company acquisition
Business News Wales has reported that Greenaway Scott has supported American medical device company Clinical Innovations in its acquisition of German developer Brenner Medical GmbH. The deal, completed via Clinical Innovations Europe, will see the labour and delivery-focussed equipment business expand on its international presence to help support more expectant mothers across Europe. Thanks to … Continue reading Greenaway Scott advises on major global medical company acquisition
