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
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.
Bringing Oxfordshire’s finest together
Intertronics joins B4 as a PLATINUM Member in bid to increase its Oxfordshire network and share expertise with business leaders
Green light for Oxford North’s next three advanced R&D lab buildings...
Detailed designs for three new, prestigious laboratory and office buildings which total 458,100 sq ft (42,549 sq m) and will be built as phase 2 of Oxford North, the new £700 million life sciences innovation district, have been resolved to be approved by Oxford City Council’s planning committee.
From this author
The Importance of Storytelling – How It Can Help Your Business
By sharing your business story thoughtfully, you show potential customers that you’re not just another company trying to sell something, but a trusted partner with a history and purpose. In a world of ‘fake news’ and scams, it’s important for every business to demonstrate its authenticity.
10 Reasons why Deeper Business Connections Help to Build Trust
Deeper business connections offer a range of significant benefits that can contribute to long-term success. Developing deeper connections in business is not just about transactional benefits but about creating a network of support that nurtures growth, collaboration, and resilience. At B4, we help businesses make connections and build relationships. Some of our Members have been with us for well over 15 years as being part of a trusted community of people and organisations that understand the value of trust is a crucial part of their network building strategy.
Raise’24 Demonstrates the Power of Collaboration and Team Effort
At Keble College on Friday 13th December, one hundred representatives of Oxfordshire’s business and charitable communities came together to celebrate months of incredible fundraising efforts and as they all stood at the threshold of the hugely impressive Great Hall, they had already raised well over £20,000. That total has now soared to £37,500 thanks to the generosity of well over 500 donors and the hard work of 33 fundraisers.