Category Archives: Biotechnology

Innovation award for infection fighter

Dr Andrew Spragg, chief executive officer and founder of Aquapharm Biodiscovery, has won a top Scottish award for innovation in recognition of the potential for an antibiotic compound developed by his company to combat infections such as MRSA. Dr Spragg has received the Gannochy Trust Innovation Award, which carries a £50,000 cash prize and a gold medal, from the Royal Society of Edinburgh

Biofusion sells portfolio companies to Morvus

Two portfolio companies of technology transfer business Biofusion have been sold to a privatelyowned pharmaceutical company just days after Biofusion raised its equity holdings in both companies to 50%. The sales of Cardiff Biologicals and Cardiff ProTides to Morvus Technology means that Biofusion now has a remaining portfolio of 23 companies from its partnerships with Sheffield and Cardiff universities.

deltaDOT gets another £3m

Imperial College spinout deltaDOT has received a further £3m from investors, completing its fourth round of funding. The funds will be used to increase production capacity for the company’s ‘Peregrine’ system – a high performance capillary electrophoresis instrument for the separation of proteins, peptides, nucleic acids, small molecules and pathogens