Life Sciences Digest #1
The latest news from the Life Sciences sector, from medical innovation to start-ups and funding. Featuring B4 Members Owen Mumford, Partners&, Oxford North, Penningtons Manches Cooper and many more.
Thomas White Oxford agrees joint venture with Cadillac Fairview and Stanhope...
Thomas White Oxford Ltd, the development company of St John’s College, has agreed a 50:50 joint venture partnership with Canadian-based Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, with developer Stanhope PLC, to deliver Oxford North, Oxford, UK, the £700 million new global innovation district.
Penningtons Manches Cooper advises medtech business Orthox on $12.5 million Series...
The corporate team at Penningtons Manches Cooper has advised Oxford University spin-out Orthox Limited on the completion of a further $4.3 million (£3.2 million) to close its $12.5 million (£9.2 million) Series A financing round.
Owen Mumford announces verified science-based targets and plans for net zero
Owen Mumford, a global leader in the design, manufacture and advancement of medical devices, has announced its emissions reduction targets through the Science Based Targets initiative (SBTi). The company has set a target to achieve net zero by 2045 (to mirror the UK NHS target) in alignment with the recommendations of the 2015 Paris Agreement.
The green imperative for medical device businesses
The global healthcare system is a large contributor to greenhouse gas emissions, representing 4.4% of the total worldwide footprint.¹ Supply chains occupy a significant share of this contribution. In the UK, for instance, 62% of the National Health Service’s emissions footprint came from the supply chain in 2019.²
PENNINGTONS MANCHES COOPERS CORPORATE TEAM ADVISES ON MAJOR CROSS-BORDER LIFE SCIENCES...
The Penningtons Manches Cooper corporate team has advised the shareholders of ATDBio on its sale to NASDAQ Stockholm listed Biotage AB. The purchase price was approximately £45m on a debt free and cash free basis. ATDBio was founded in 2005 by Professor Tom Brown (Snr), one of the world’s leading nucleic acids chemists, Dr Dorcas […]
EquiTrace secures funding €1.25m from HBAN and Enterprise Ireland to develop...
EquiTrace, a unique app for horses that combines identity, GPS and medical records data using a scanner, a microchip and a mobile phone, has signed an investment agreement with a syndicate of HBAN angel investors led by Brendan Nevin, CEO of Code Institute for 1million euros. Enterprise Ireland will also be investing in the company, providing 250,000 euros. EquiTrace will use the investment to grow the company, building a sales and development team as well as investing in marketing, and focus on global expansion.
Owen Mumford launches new 2-step single-use auto-injector platform Aidaptus®
Industry first single-use auto-injector for both 1ml and 2.25 pre-filled syringes with versatile design for different fill volumes in the same device.
Further government funding supports phase II R&D lab conversion at The...
The Oxford Trust, the local charity encouraging the pursuit of science and enterprise, is to commence the second phase of its conversion of dedicated high spec laboratory facilities at its Wood Centre for Innovation in Headington, Oxford, following £0.2 million additional Local Growth Fund support, secured by the Oxfordshire Local Enterprise Partnership (OxLEP).
DJS Antibodies moves to newly converted lab space at The Oxford...
Biotech start-up, DJS Antibodies, is the second company to move into the newly converted class II laboratory space at The Oxford Trust’s Wood Centre for Innovation.
£0.5 million Headington life science laboratory development at The Oxford Trust’s...
The Oxford Trust, the local charity encouraging the pursuit of science and enterprise, is to undertake a half million-pound project to install life science laboratory facilities at its Wood Centre for Innovation in Headington, Oxford, to increase capacity for the local innovation ecosystem and has received £0.1 million in funding towards the project via the Government’s Local Growth Fund, secured by the Oxfordshire Local Enterprise Partnership (OxLEP).
More in Science
Intertronics: Driving Innovation in Adhesives and Assembly Solutions
For over four decades, Intertronics has been at the forefront of providing high-performance adhesives, coatings, sealants, and application equipment to industries that demand precision and reliability. From electronics and medical devices to automotive and aerospace, Intertronics’ expertise ensures that manufacturers can optimise their bonding and assembly processes with cutting-edge solutions.
Owen Mumford: 70 Years of Innovation in Healthcare
Owen Mumford has been at the forefront of medical device innovation for over 70 years, pioneering solutions that enhance patient care and improve healthcare outcomes worldwide. Established in 1952 by Ivan Owen and John Mumford, the company has grown into a global leader in medical device design and manufacturing, with a commitment to quality, sustainability, and patient-centred innovation.
Fusion technology company Oxford Sigma relocates HQ to Oxford Centre for...
Oxford Sigma has returned to Oxford’s city centre to accelerate fusion materials technology commercialisation to help tackle climate change and resolve energy security, with new global headquarters at The Oxford Trust’s Oxford Centre for Innovation.
From this author
Seven companies relocating to The Oxford Trust’s new Oxford Centre for...
Seven science and tech start-ups and SMEs are to move from The Oxford Trust’s current Oxford Centre for Innovation to its new location at Blue Boar Court, Alfred Street, in Oxford’s city centre.
The Numbers Don’t Lie
B4 Ecosystems are an opportunity for B4 Members to share challenges, be inspired and learn from experts in their field. They began with our Business Development Ecosystem back in March 2023, which has been lead from day one by the always impressive Caroline O’Connor of Fourth Born. Caroline has been leading from the front as our other Ecosystems learn from her impressive example. Article by B4’s Richard Rosser
Bicester Motion promotes Jonty Ashworth to development director
Bicester Motion, the 444-acre future mobility estate in Oxfordshire, has promoted Jonty Ashworth to development director.