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funding

Non-invasive diagnostics company, RSP Systems, has completed the second closing of its Series B funding round, bringing in an additional €3.85 million and increasing the total of the round to €10.35 million. Read more

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Clinical stage drug development company, Forendo Pharma, has raised an additional €4 million of funding from Vesalius Biocapital III Partners, which will be used with other raised funds to accelerate the development of its women’s health portfolio. Read more

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North West-based science centres have received millions in funding through the Inspiring Science Fund, a joint initiative by Wellcome and the Department for Business, Energy and Industrial Strategy, to help attract new visitors Read more

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Biotechnology company, Phico Therapeutics, has been awarded significant funding from Innovate UK to support the manufacturing development of its intravenous antibiotic, SASPject PT3.8. Read more

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The Centre for Process Innovation (CPI) has been granted £107 million of government funding to help develop technologies for next generation manufacturing. Read more

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The UCL Technology Fund has revealed that one of its investments, MeiraGTx — a clinical stage gene therapy company — has raised $75 million of gross proceeds upon the closing of its initial public offering (IPO) earlier this year. Read more

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Aptamer Group — a biotech business — has closed its Series A financing round, securing $2.2 million from overseas investors to support its aptamer development programme. Read more

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Evonetix, a Cambridge-based company, has been awarded substantial funding from Innovate UK, the UK’s innovation agency, to support the development of a novel enzymatic approach to DNA synthesis. Read more

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Provider of integrated drug discovery services, BioAscent Discovery, has secured funding worth £1.6 million from Maven Capital Partners, which it will use for growth through its offering of integrated drug discovery and compound management services. Read more

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Data capture company, uMotif, has raised £2.4 million in its latest funding round, which was led by Albion Capital — an independent investment manager — along with several angel investors. Read more

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Funding for a series of ambitious technology projects set to transform drug discovery has been announced by business secretary, Greg Clark. Read more

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The Association of the British Pharmaceutical Industry (ABPI) has released a thought piece looking at the UK’s increasing role in the fight against antimicrobial resistance (AMR). Read more

Opinion

A review into business productivity and funding for new schemes to boost the UK’s performance in delivering higher wages for people across the country has been announced by the chancellor. Read more

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Innovative biotechnology company, ADC Biotechnology, has secured £1.14 million in funding from Downing LLP to assist the company in its US expansion and aid in the development of an advanced bioconjugation method. Read more

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The specialist Liverpool based chemical intermediates company, Liverpool Chirochem (LCC), has raised £1.5 million in equity finance to support growth plans and increase production capacity overseas. Read more

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Contract CRO, Aptus Clinical, is to be one of 12 partners to receive government funding that will be used to ensure more patients benefit from a new generation of disease-fighting medicines for cancer and non-cancer illnesses Read more

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A £2 million funding round has been completed that will enable drug delivery company, Bio-Images Drug Delivery (BDD) to scale up its business to allow GMP manufacture of its OralogiK precision timed drug delivery system — ‘pill within a pill’. Read more

Technology

Biotech company, BCI Pharma, has received €3.9 million in private and public funding, which will be used to accelerate and finalise its research projects in the fields of cancer, neuropathic pain, inflammation and neuro-inflammation. Read more

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Diagnostics company, Owlstone Medical, has raised $15 million to drive the global commercialisation of its Breath Biopsy platform. Read more

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NHS funded initiative, SBRI Healthcare, has revealed its latest round of development awards, with 10 companies set to share a £1 million investment to develop innovations for high potential cancer screening solutions. Read more

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