ConvaTec acquires EuroTec Beheer

ConvaTec has bought EuroTec Beheer, a Netherlands-based manufacturer of ostomy appliances, for €25m (£21.2m), its first acquisition since floating last year (Insider Media, 2017). Eurotec Beheer manufactures one and two piece ostomy systems and accessories and distributes them through its own distribution channels in the Netherlands and Belgium, and through partners in other markets. The … Continue reading ConvaTec acquires EuroTec Beheer

Premaitha Health to buy Yougene Bioscience

Premaitha Health has agreed to buy Taiwanese company Yourgene Bioscience (Manchester Evening News, 2016). Premaitha, based at Manchester Science Park, uses the latest technology in DNA analysis to develop safer, faster non-invasive screening tests for pregnant women. The company said the acquisition of Yourgene Bioscience will enable it expand in Asia, offering cross-selling opportunities and … Continue reading Premaitha Health to buy Yougene Bioscience

Sure Chill signs deal with Dubai Electricity and Water Authority

Cardiff-based technology firm Sure Chill has signed a deal with Dubai Electricity and Water Authority (Dewa) (WalesOnline, 2016). Sure Chill was one of thirty companies selected to take part in the Dubai Future Accelerators programme. The Dubai Government-backed initiative ran for twelve weeks, with companies selected from 2,274 entries. After completing the programme Sure Chill … Continue reading Sure Chill signs deal with Dubai Electricity and Water Authority

MedaPhor and SonoSim make patent infringement agreement

MedaPhor Limited and MedaPhor North America Inc. has announced today that MedaPhor and SonoSim Inc. and The Regents of the University of California have reached an agreement in principle on a patent licence and patent infringement settlement (MedaPhor, 2016). As a result, the parties will proceed to formalise their agreement in writing, following which the … Continue reading MedaPhor and SonoSim make patent infringement agreement

Researchers find ageing is reversible in mice

New research suggests it is possible to slow or even reverse ageing, at least in mice, by undoing changes in gene activity, the same kinds of changes that are caused by decades of life in humans (Scientific American, 2016). By tweaking genes that turn adult cells back into embryonic-like ones, researchers at the Salk Institute … Continue reading Researchers find ageing is reversible in mice

Magstim announces new distribution partnership in the Netherlands

Magstim has announced a new partnership with Neurostim, a distributor based in Enschede in the Netherlands. The partnership involves the exclusive distribution of the Magstim TMS product range (Magstim, 2016). Neurostim has over thirteen years experience in medical device sales and marketing. The business development company focuses on the medical and technical area, and has … Continue reading Magstim announces new distribution partnership in the Netherlands

Moleculomics secures Government of Canada funding

Moleculomics In Silico Discovery Inc, part of Moleculomics group, has received funding from the National Research Council of Canada Industrial Research Assistance Program. The funding, together with business advisory services, will support the development of a predictive technology to develop a set of tools and processes which will discern between a drug destined for legislative … Continue reading Moleculomics secures Government of Canada funding

Creo Medical floats on AIM

Creo Medical has been floated on the Alternative Investment Market, raising £20m (Insider Media, 2016). The company, which is based in Chepstow, is developing a range of surgical devices that can dissect tissue while using special microwaves to staunch the blood flow. These are designed to be used with an endoscope to reduce the need … Continue reading Creo Medical floats on AIM

BBI Solutions launches its first urinalysis enzyme

Cardiff-based BBI Solutions, a leading developer and manufacturer of raw materials and finished test platforms for the in-vitro diagnostics market, has announced the launch of Porcine Liver Esterase (PLE), a new enzyme for urinalysis (BBI Solutions, 2016). PLE is used in urinalysis controls as a partial substitute and potentially cost effective alternative for human leukocyte … Continue reading BBI Solutions launches its first urinalysis enzyme

Bonus Biogroup’s lab-grown bones are successfully transplanted

Israeli biotech company Bonus Biogroup has announced that their lab-grown, semi-liquid bone graft has been successfully injected into the jaws of eleven people to repair bone loss in an early stage clinical trial (Reuters, 2016). The company’s Chief Executive Shai Meretzki said “For the first time worldwide, reconstruction of deficient or damaged bone tissue is … Continue reading Bonus Biogroup’s lab-grown bones are successfully transplanted

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