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Pursuit steps up IP fire sale

PDX-ReactorThe stricken Cambridge UK technology company Pursuit Dynamics has battled hard to eliminate most of the liabilities associated with its PDX business and may wipe them all out by the end of June.

AstraZeneca picks BioMed Campus for HQ

The MRC LMB at Cambridge Biomedical CampusMedical technology pioneer AstraZeneca has chosen the Cambridge Biomedical Campus at the Addenbrooke’s Hospital site in Cambridge UK for its new global headquarters.

Phytopharm cash burn exposed

Phytopharm intends to come off the main London market and switch to AIMCambridge UK medical technology business Phytopharm reported an unaudited post-tax loss of £2.65 million for the six months to the end of March but it was the cash burn that evidenced the reasons for the company’s urgent restructuring.

New wave innovation for cystic fibrosis sufferers

BiomedtechA novel inhaler for cystic fibrosis suffers using saltwater treatment has been developed in a Cambridge UK-North Carolina technology alliance.

Phytopharm suspends shares pending acquisition

hoodia plantCambridge medical technology business Phytopharm plc has suspended trading on the UK’s main market pending a potentially transformational acquisition which is at the heart of an urgent restructuring.

Vectura war chest will underpin growth plans

Vectura Chief Executive Dr Chris BlackwellInhaled therapies pioneer Vectura, which has operations in the Cambridge UK technology cluster, plans to use some of its £70 million war chest for fresh commercial ventures to accelerate growth.

Queen crowns Nobel Prize factory

Sir Hugh PelhamThe Queen is to officially open the new building for the Medical Research Council  (MRC) Laboratory of Molecular Biology at the heart of the Cambridge UK technology cluster on Thursday, May 23.

Babraham launches technology transfer arm

Dr Katy Evans-RobertsBabraham Institute in Cambridge has formed a new venture to commercialise its vast IP portfolio and expand collaboration opportunities with global researchers and companies – a move that boosts the UK’s capabilities for medical technology innovation.

Technology speaks volumes for disabled

The device can be accessed by keyboard or – for sufferers with limited motor movement – by switchA Cambridge-Belgium technology collaboration has created a device which helps people whose speech has been impaired by crippling conditions to find their voice.

Cambridge shares £50m MedTech bonanza

Universities & Science Minister, David WillettsThe University of Cambridge and University College London (UCL) will share in a £50 million bonus haul from the UK government designed to unearth new technology and encourage entrepreneurship to advance medical innovation.

Vectura’s China JV opens up Asia

Dr Chris Blackwell, Vectura’s chief executiveMedical technology business Vectura, which has research operations in Cambridge UK, has launched a major push in Asia by establishing a joint venture with Chinese and Hong Kong partners.

Womb with a view boosts IVF success chances

Bourn-HallThe crucial first hours of an embryo can now be captured for the first time by new imaging technology being pioneered at the Bourn Hall Clinic in Cambridge UK – boosting the success chances of IVF, according to experts.

Cannabis-based medicine approved in Italy

Cambridge medical technology business, GW Pharmaceuticals, has earned a key European approval for its cannabis-based prescription medicine Sativex® in Italy – and a €250k windfall in the process.

Justin Gover, CEO of GWCambridge medical technology business, GW Pharmaceuticals, has earned a key European approval for its cannabis-based prescription medicine Sativex® in Italy – and a €250k windfall in the process.

Acquisition boosts cosmetic surgery capability

Regenerys chairman Dr Bill MasonA Cambridge regenerative medicine business whose technology uses a patient’s own tissue to rebuild breasts after cancer surgery has boosted its capabilities with a UK acquisition.

Personalised radiotherapy for cancer patients

 The Clinical Study Team at VoxToxPioneering software is being developed in Cambridge UK to deliver personalised radiotherapy treatment to individual cancer patients.

Cannabis drug firm’s $31m NASDAQ bow

Justin Gover, CEO of GW PharmaceuticalsGW Pharmaceuticals, the Cambridge UK biopharma business whose products are developed from cannabis, has made a bullish bow on the US technology market NASDAQ – raising $31.2 million in an over-subscribed IPO.

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