Lanarkshire laboratory services firm Crawford Scientific is returning to the acquisition trail after securing a refinancing deal with Clydesdale Bank. The Strathaven business said it is targeting expansion through organic and acquisitive growth following the refinancing, which a source for the company described as a “very substantial” package. For the full article, please click here. Scotland is the ideal location to outsource pre-clinical and/or clinical...
Disease-causing bacteria in the lung evade the body’s immune system by pretending the lungs are pregnant, according to University of Dundee research presented today at the European Respiratory Society Congress in Madrid. A new study, funded by the British Lung Foundation and the Scottish Government’s Chief Scientist Office, has revealed that people with two common lung diseases – COPD and bronchiectasis – produce Pregnancy Zone...
ProFactor Pharma Ltd (PFP), a Scottish biotech business, is set to transform the treatment of ‘Haemophilia A’ following the completion of its latest funding round. PFP, which is based outside Edinburgh at the Roslin Innovation Centre, has secured new investment of £2m in a funding round lead by the investment syndicate Kelvin Capital and supported by Ingenza Ltd and the Scottish Investment Bank, the investment...
An entrepreneurial scientist from the University of Dundee has proven his business concept is more than skin deep after winning one of the country’s top enterprise awards. Dr Andrew Woodland has been named the winner of the 2019 Converge Challenge, scooping £78,000 to develop his new drug discovery company, In4Derm. Please see here for the full article: https://www.dundee.ac.uk/news/2019/dundee-scientist-is-scotlands-top-entrepreneurial-academic.php
A company spun out of research carried out at the University of Aberdeen has been shortlisted for a major entrepreneurial award. Dr Fiona Rudkin’s mycoBiologics company has been named as a finalist in Converge 2019, Scotland’s leading entrepreneurial development programme for Higher Education. For the full article, please see here: https://www.abdn.ac.uk/news/13336/
The University of Dundee’s Dr Sarah Coulthurst will lead a £2.7 million effort to investigate whether a ‘nanoweapon’ could be deployed in the global battle against antimicrobial resistance. The World Health Organisation recently ranked antimicrobial resistance as one of the ten biggest threats to global health. As such, there is an urgent need to develop new treatments to prevent millions of lives being lost to...