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19/06/08
Darling meets spin-outs during Manchester visit
On the 2nd June Chancellor Alistair Darling visited UMICâ€s Core Technology Facility building in Manchester to meet two successful biotech spin-outs, Renovo (LSE:RNVO) and Epistem (LSE:EHP). The Core Technology Facility was established with NWDA and ERDF funding to provide grow-on incubator space for biotechnology and high-tech early stage companies.
Although...
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07/05/08
Manchester launch event for unique venture fund for University entrepreneurs
In April 2008, MTI Partners and The University of Manchester, together with its in-house intellectual property company, UMIP, announced the first close of the UMIP Premier Fund at £32 million.
April 17th marked the day of the much anticipated launch of the fund which provides investors with the opportunity to invest in businesses emerging from The...
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10/04/08
Myconostica Ltd Closes Oversubscribed $7.7 Million Round and Establishes US Headquarters in Charleston
Financing to bring advanced medical diagnostics for
life-threatening infections to market and establish US presence.
April 2008, Manchester UK and Charleston, SC- Myconostica Ltd, a Manchester UK-based medical diagnostic company specializing in rapid and highly specific tests for life-threatening fungal infections, today announces that it has...
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09/04/08
SPIN-OUT VENTURE FUND ACHIEVES FIRST CLOSE
MTI and The University of Manchester today announce the first close of Europeâ€s largest institutional fund to have a single university focus ndash; the UMIP Premier Fund ("the Fund").
With funding from a broad range of UK and European institutional and supranational investors, including EIF (European Investment Fund), NESTA (National Endowment for...
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28/03/08
TOP MARKS AND £250K INVESTMENT FOR MANCHESTER INVENTION
An innovative piece of software that takes pressure off teachers by marking exam papers quicker and more efficiently than humans has secured a quarter-of-a-million pound funding.
University of Manchester spin-out company, Assessment21, has become the first to create a tool that can not only mark multi-choice answers but also open-ended responses. Until now many have...
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05/03/08
MANCHESTER INNOVATORS MAKE BREAKTHROUGH FOR WOMEN
A piece of software developed in Manchester that can detect osteoporosis by automatically reading routine dental X-rays has secured a deal that could see it help millions of women world-wide.
The technology, Osteodent, which is being commercialised by UMIP (The University of Manchesterâ€s IP commercialisation company), has secured a deal with Swedish company...
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21/02/08
MANCHESTER INNOVATORS MAKE BREAKTHROUGH FOR WOMEN
A piece of software developed in Manchester that can detect osteoporosis by automatically reading routine dental X-rays has secured a deal that could see it help millions of women world-wide.
The technology, Osteodent, which is being commercialised by UMIP (The University of Manchester's IP commercialisation company), has secured a deal with Swedish company Crebone...
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21/01/08
Illuminating Research - A bright future ahead as Nanoco sign a distribution agreement with Sigma-Aldrich
Nanoco Technologies Ltd, Manchester, UK 18 January 2008
Nanoco Technologies and Sigma-Aldrich are looking at a bright future together with the signing of a distribution agreement and launch of a new range of products based on Nanoco´s leading edge quantum dots.
The first materials available through this collaboration form the new Lumidotâ„¢ range of...
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07/01/08
Nanoco Technologies present a flagship example of the UK’s ability to transform world-class research into cutting edge business
Nanoco Technologies is unique in the nanomaterials market as a company that manufacture large quantities of quantum dots and partner major R&D and blue-chip industrial organisations in the development of quantum dot applications. A flagship example of the UK's ability to transform world-class research into cutting edge business, as recognized by the government...
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19/12/07
Manchester Young Scientists Triumph in Business Competition
Led by a team of biology research students, Optdermis collected the Best Medical Technology prize at the finals of the UK´s Biotechnology Young Entrepreneurs Scheme in December 2007.
Johanna Donovan, James Kean, Laura Pointing, Morven Cameron and Alex Davies of Optdermis proposed a device that is inserted into the nose to prevent allergens affecting the human...
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19/12/07
MANCHESTER BOBBER GAINS NATIONAL RECOGNITION
A Manchester company and its wave power invention, the Manchester Bobber, beat off stiff competition from marine renewable developers from across the UK last night (10.12.07) to win a national award.
The Bobber Company Ltd and its wave power generator, Manchester Bobber, were announced joint winners of the Marine Energy Award at the 2007 Rushlight Awards. The Bobber...
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23/11/07
6th Northwest Biomedical Awards Dinner, 22nd November 2007, Mere Golf and Country Club, Cheshire
UMIP and UMIC co-sponsored a table at the 6th Northwest Biomedical Awards Dinner last night.
Awards were presented as follows:
1. Biomedical Project of the Year- won by Liverpool University (stem cell research)
2. Young Biomedical Technologist of the year- won by Dr Nicky Thelwell from DxS.
3. Biomedical Start-Up - won by Iota Nanosolutions...
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15/11/07
28th Bionow Network Evening
The 28th Bionow Network Evening, and the final one for 2007, is taking place on Tuesday 11th December at The Core Technology Facility in Manchester. The evening will start at 5.30pm and we are delighted to have Professor Bill Dawson speaking at the event. After more than 20 years in research management at Eli Lilly, Professor Dawson is now Director of Manchester Medicines...
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07/11/07
UMIP and UMIC exhibiting at the Genesis Biotechnology Conference 2007, QE11 Conference Centre, London
Please come and see us at Genesis 2007 at the QE11 Conference Centre, London, Thursday 13th December 2007. We shall be exhibiting on stand 52.
Genesis Conference
Stand 52
QE11 Conference Centre
Westminster
London
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01/11/07
Manchester Teams Triumph in Competition to be
Biotechnology Stars of the Future
Two Manchester teams have won places in the final of a national competition to find the entrepreneurial bioscientists of the future.
Joint winning teams, Optdermis and Futurzyme, beat off stiff competition from 16 other teams from universities and institutes around the UK in the Biotechnology Young Entrepreneurs Scheme (Biotechnology YES) 2007 competition. They will...
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25/10/07
Smart technology to be developed in the Northwest
SmartLife Technology Ltd in Manchester has been awarded an Exceptional Development Grant of £500,000 by the Northwest Regional Development Agency (NWDA) to develop a garment called the ‘HealthVest'.
Since 2004 the company has developed a garment that incorporates sensors allowing the monitoring of vital health signs and this technology is likely to allow the...
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25/10/07
Renovo expands enterprise at UMIC
One of Manchester University´s most successful spin out companies, Renovo Group plc (Renovo), is further expanding its operation in the city, with assistance from The University of Manchester Incubator Company (UMIC) and the North West Development Agency (NWDA).
World leader in scar prevention and reduction, Renovo, is to take a further 25,000 sq ft at...
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14/09/07
Manchester and Durham universities paint a breakthrough for the environment
The developers of a new material that is set to revolutionise the paint and coatings industries have secured funding of £90K from NorthStar Equity Investors (NSEI), through its Proof of Concept Fund.
The crosslinker material, HESS - being developed by The University of Manchester and Durham University - is a component of water-based coatings and solves one of the...
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10/09/07
Record numbers enter Biotechnology YES competition
A record number of biotechnology entrepreneurs have entered this year´s Biotechnology YES (Young Entrepreneurs Scheme) competition in the hope of having their bright idea turned into a business.
Seven teams from The University of Manchester, one team from Liverpool University and one from Daresbury Laboratory are amongst the 18 teams who will battle it out in the...
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05/07/07
Research Council's Business Plan Competition 2007/2008
www.rcuk.ac.uk/innovation/fundingkt/bpc/default.htm
Helping researchers turn great research in to great business that's the aim of the Research Councils' Business Plan Competition.
Enter the competition and gain the skills and knowledge to be able to prepare a high quality...
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02/07/07
i-techpartner: join the online technology partnering revolution!
Forward thinking technology companies across the North West are being urged to join the rapidly growing online network of business and technology transfer experts, researchers, investors and like-minded entrepreneurs who are working together to drive innovative businesses to commercial success.
The i-techpartner web portal, created by the University of...
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30/05/07
Nanoco Launches New Laboratory at UMIC's Core Technology Facility
Nanoco Ltd has opened a new 600 sq ft laboratory at The University of Manchester Incubator Company's (UMIC's) Core Technology Facility (CTF) on Grafton Street, which provides flexi-lab space and turnkey laboratories for growing biotechnology ventures. An innovator in the field of nanotechnology, Nanoco Ltd has outgrown its existing facility at The University of...
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29/03/07
Myconostica labs launched by University president
Myconostica, a spin out biotechnology company from The University of Manchester has launched its new laboratory in an opening ceremony presided upon by Professor Alan Gilbert, the President of the University. Professor Gilbert officially opened the newly refurbished laboratory office complex, located in Sharston, South Manchester, which provides Myconostica with space to house...
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29/03/07
Gentronix Secures £1.44M Funding
Pioneering biotechnology company Gentronix, a spin out from the University of Manchester, has successfully secured £1.44 million funding, of which £1 million came from NVM Private Equity Limited, for the development of its cutting edge biotechnology.
Based at the University of Manchester's Incubator Company's Core Technology Facility on Grafton...
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14/02/07
Science and Technology Policy Research report now available to download.
SPRU report
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14/02/07
Science and Technology Policy Research case studies now available to download.
Case studies
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30/01/07
UMIP Spin-Out Gives Hope to Cancer Patients
A novel test will give hope to millions of cancer patients is to begin testing at Manchester´s Christie Hospital. Oncoprobe, a spin out company of The University of Manchester, will test cancer drugs through cell biopsy, rather than on patients, ensuring they receive the right treatment sooner.
Oncoprobe, based in The University of Manchester Incubator...
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15/12/06
UMIP and UMIC Showcase North West Bio-Medical Champions
Some of the region's most dynamic, bio-medical companies were flying the flag for the North West at the Bio-Medical Innovation Showcase in London this week. The six Manchester University spin-out companies were speaking at the Showcase which is a key element in the annual Genesis Exhibition, one of the UK's leading biotechnology conferences.
The Bio-Medical...
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14/12/06
Manchester makes contribution to improving global health
A University of Manchester researcher has won a prestigious award for an innovation that could help deliver pollution-free water to people around the world.
Dr Nigel W Brown has been given the Award for Innovation by the Royal Society of Chemistry Process Technology Group, in recognition of five years of research into a system called Aquacart that removes toxic organic...
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16/11/06
Success for The University of Manchester at the Northwest Biotechnology Awards competition 2006
Winners of the Northwest Biotechnology Awards competition were announced at the prestigious awards dinner ceremony at Mere Golf & Country Club last night. Funded and organised by the Northwest's regional development agency's biotech cluster support group, Bionow, this annual competition aims to recognise and celebrate the successes of the thriving biotechnology...
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16/11/06
Myconostica wins Bionow Biotechnology Start Up of the Year Award
At the Bionow awards ceremony in Mere, Cheshire last night, Myconostica was awarded the prestigious Biotechnology Start Up of the Year Award for 2006. The award recognizes the quality of the product or service and its potential for growth. The award was sponsored by Addleshaw Goddard and the event was hosted by Bionow of the North West Development Agency.
In his...
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02/10/06
Renovo says Juvista trial results "highly positive"
LONDON (AFX) - Renovo Group PLC, the biopharmaceutical company developing
drugs for the prevention and reduction of scarring, announced 'highly positive'
Phase II clinical trial results for its lead drug, Juvista.
Juvista is a therapeutic application that when injected at the time of
surgery has been shown to markedly improve subsequent scar...
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29/08/06
First University of Manchester spinout locates in Stockport
Plasma Clean, a high technology spinout company created by The University of Manchester's Intellectual Property commercialisation company (UMIP) has moved into its new headquarters in Stockport. It chose Broadstone Knowledge Mill, in the new Houldsworth Village area, for its suitability for the business. David Glover, one of the company founders, said "having looked at...
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15/08/06
Sharing knowledge, developing business, gathering momentum Manchester Momentum set for September Launch
The University of Manchester will soon unveil Manchester Momentum, a unique knowledge community devoted to nurturing the growth of commercial ventures that have an affiliation with the University. Spin-out, incubating and science park-based businesses will be able to capitalize on the resources of the largest university in the UK enabling them to reach new heights in their...
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20/04/06
UK drug group Renovo soars on London debut
LONDON, April 7 (Reuters) - Shares in UK biotechnology company Renovo (RNVO.L: Quote, Profile, Research) soared by over a third on Friday as the Manchester-based group made its London Stock Exchange debut.
It was a case of second time lucky for Renovo, which postponed its initial plan to float last May due to tough market conditions.
By 0740 GMT, the stock was...
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04/04/06
Spin doctors helping University to cash in
Taken from the Metro news: Published: 24 March 2006
MANCHESTER University is attracting world-class academics by allowing them to benefit from the fruits of their labours by creating spin-off companies.
Some 60 companies have been created in recent years, following the decision to make the commercialisation of intellectual property a key part of the...
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08/03/06
MODERN BIOSCIENCES ENTERS INTO A MEMORANDUM OF UNDERSTANDING WITH THE UNIVERSITY OF MANCHESTER
IP2IPO Group plc (AIM: IPO) ('IP2IPO'), the intellectual property commercialisation company, is pleased to announce that Modern Biosciences (MBS), its specialist life science intellectual property (IP) in-licensing subsidiary, has entered into a Memorandum of Understanding with The University of Manchester relating to the commercialisation of drug related...
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07/02/06
Battle to beat the bugs wins bio-firm top honour
A fledgling bio-business developing products to combat deadly hospital
infections like MRSA has won a prestigious industry award.
Ai2, a University of Manchester spin-out company incorporated in April this
year, took the Biotechnology Start-Up of the Year prize at the Northwest
Regional Development Agency's Bionow awards.
The company, set up by...
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