Bionow Newsletter January

Companies

Indian group buys Northwest medical firm
Indian pharmaceuticals firm Marksans Pharma has acquired Widnes based Hale Group and its subsidiary, Merseyside healthcare group Bell Sons & Co. Marksans told the Bombay Stock Market on 7 January that it had entered into a 'definitive agreement' to buy 100% of the shares of Hale Group. The value of the deal has not been disclosed but Marksans said Bell's high growth outlook meant it would be revenue earning from day one.

Vindon Scientific opening a new facility in the Northwest
Oldham based Vindon Scientific, supplier of controlled environmental testing chambers in the UK and Ireland, is opening a new facility of 29,480 sq ft. The unit, at Kingsway Business Park in Rochdale, which is part funded by Northwest Development Agency, will be fitted out to Vindon's own specification. The unit will be completed in June 2008.

New funding is catalyst for Reaxa expansion
Catalyst technologies company Reaxa, has completed second round funding of £1 million, for the next stage of its commercial expansion programme. Manchester based Reaxa received venture capital from the North West Business Investment Scheme managed by YFM Private Equity (YFM),Rising Stars Growth Fund II managed by Enterprise Ventures (EV) and private investors via Reaxa's corporate finance advisors.

Manchester Incubator welcomes two new bioscience companies
The University of Manchester Incubator Company (UMIC) welcomes two new tenant companies to its leading-edge Grafton Street laboratory and technology facilities. Set up by former University of Manchester researchers, start-up bioscience companies Conformetrix and Imagen-Biotech plan to significantly impact the UK's pharmaceutical and drug discovery industries. Conformetrix is developing platform technology for three-dimensional representation of drug molecules andImagen-Biotech offers a novel screening and assay development service.

Peakdale Molecular announces £1 million financing
Peakdale Molecular Ltd, a provider of specialist chemistry services to the pharmaceutical industry, has completed a £1 million round of equity funding which will enable it to continue the expansion of its facilities in the UK.

Eden Biodesign and IQur sign a deal to develop a novel combined vaccine for the treatment of hepatitis A and B
Speke based Eden Biodesign Ltd andIQur Ltd, a speciality pharma company at the forefront of research to combat liver disease, have entered into an agreement to develop IQur's innovative, 'tandem core' vaccine for hepatitis A and B. Eden Biodesign will develop a unique bio-manufacturing process to achieve optimal product quality in line with cost of goods parameters before proceeding with clinical trial cGMP manufacture. The project will also involve iQur's collaborators; Arecor Ltd, Mologic Ltd and the University of Leeds. Eden Biodesign Ltd are the operators of the National Biomanufacturing Centre (NBC) which is owned by the Northwest Development Agency.

New Year accolade for DxS
DxS one of the Northwest's internationally-recognised biotechnology firms has a lot to celebrate in 2008. Based at the University of Manchester Incubator Company facilities DxS has not only grown its staff by 28% inside a year and expanded its laboratory facilities, the company also received a prestigious award at the recent Bionow awards evening in November 2007. Dr Nicola Thelwell and her product development team were recognised in Bionow's Young Biotechnologist of the Year award, which was sponsored by Novartis.

People & Jobs

New Commercial Manager for Manchester Science Park
Manchester Science Park, home to 18 bio and related companies, has appointed a new commercial manager. Lynne Barlow will be responsible for finance, tenancy contracts and estates at the award-winning science park. Lynne, who is a chartered accountant, brings a wealth of experience to the msp management team, having worked in a number of senior finance and commercial roles.

MSP's CEO elected as new UKSPA Chairman
Jane Davies, Manchester Science Park's CEO, has been elected as Chairman of the UK Science Park Association (UKSPA) following a successful period as Vice Chairman. The role will allow Jane to continue establishing strong relationships with science parks in the UK, Europe, USA and China. As Chairman, she will be responsible for developing communications with policy makers at all levels.

Events

University of Central Lancashire (UCLAN) and CPE-ASET Showcase event
The Centre for Professional Excellence - Applied Science, Engineering and Technology provides companies with the opportunity to access leading experts in eight Universities located in the North of England. The centre offers demand led courses that accommodate employers' requirements and individuals' professional development needs. UCLAN are hosting a showcase event on Wednesday 20 February at the Preston Campus. For further information or to reserve a place contact Vicky Franks on 01772 893159 or email science4business@uclan.ac.uk.

Using Health Economics to Value Technologies
Nowgen are hosting a workshop on using health economics to value technologies. The event will take place on Thursday 1 May at the Nowgen Centre, Manchester. The aim is to provide the North West business and research community with information on available methods to measure the value of health technologies and interventions in the NHS. For further information, please contact Zoe Talks at zoe.talks@cmmc.nhs.uk or visit www.nowgen.org.uk/stories/249.

Call for participants - Oncology workshop
Cancer remains one of the main health problems of our times, occupying companies and researchers globally. Today, focused Oncology R&D is leading the way in both the UK and Scandinavia. To further strengthen this activity, UK Trade & Investment is organising an oncology workshop on 2 April 2008 at the British Embassy in Copenhagen. UK Trade & Investment hold funds to reimburse all reasonable travel expenses for UK participants. Please register your interest in attending the workshop by email info@biosciencealliance.eu or visit www.biosciencealliance.org/register.

Greater China Seminar, North West Business Awards & Chinese New Year
Many businesses are aware of the massive potential for success in China, and UKTI North West believe that companies can showcase the best of British design in products and services. The Greater China Seminar, which is part funded by NWDA, will be held on Friday 8 February at City of Manchester Stadium. For further information please clickhere.

Bionow Merseyside & Manchester Network Evenings
Bionow are hosting quarterly network evenings in 2008 in both Liverpool and Manchester.  These events are always an excellent opportunity to meet up with new and existing colleagues, share knowledge and experiences and maybe also find new opportunities to development your business. For more information about the Liverpool event please email business@liv.ac.uk and for the Manchester event please email bionow@nwda.co.uk

Information

Manchester gives Healthcare Innovation a boost
A new research centre bringing medics and engineers together to solve clinical problems it set to make Manchester a world leader in patient care. MIMIT (Manchester: Integrating Medicine and Innovative Technology) - the first international affiliate of the highly successful US centre CIMIT® was launched on 21st January and will draw together clinicians and scientists from a group of Greater Manchester hospitals, GP practices and the University of Manchester in major collaborations to apply the latest technology to clinical problems and transform healthcare in the UK.

Innovative Medicines Initiative
The Innovative Medicines Initiative, part of Framework 7, has now been approved by the EU's Council of Ministers, and the first call for projects is due to be launched in the spring. The aim ofIMI is to make Europe more attractive for biopharmaceutical R&D investments and boost the competitiveness of European life science R&D by removing research bottlenecks in the current drug development process. Further information about IMI is available at www.imi-europe.org.

Up to 100% funding for research collaborations on your chosen topic
The Marie Cure Industry-Academia Partnerships and Pathways (IAPP) is a rare opportunity from the FP7 People Programme to fund your research through activities such as: staff secondments, additional researchers, workshops and conferences. IAPP's are partnerships between research organisations and commercial enterprises or industry based on a common research project. The aim is to promote the two-way exchange of know-how and experience between industry and academia and form long lasting collaborations. To find out more about EU funding opportunities, please contact FrameworksNW on 0151 632 8888 or email info@frameworksnw.co.uk.

UK CRC sets up website to find clinical trial facilities
Pharmaceutical companies looking for researchers and facilities for UK clinical trials can now use a new website set up by the Clinical Research Collaboration (CRC). The website provides for the first time a central information repository on the UK's experimental medicine and early phase clinical trial facilities. See www.ukcrcexpmed.org.uk

Research

New Institute of Sciences, Ethics and Innovation
Nobel Laureate Professor Sir John Sulston FRS is to join the University of Manchester Faculty of Life Sciences and will chair a new research institute focusing on the ethical questions raised by science and technology in the 21st century. The 2002 Nobel Price winner and pioneer of genomic research will be joined in the cross-discipline institute of Science, Ethics and Innovation by Professor John Harris, a world-renowned authority in the School of Law. The new institute's overriding aim will be to examine how the social and ethical consequences of science and technology can be managed in a way that protects people and makes lives better.

Manchester Researchers find key to stopping cancer in its tracks
University of Manchester researchers have discovered a key process that may be involved in the spread of cancer by studying the growth of human embryonic stem (ES) cells. Dr Chris Ward and his team used the ES cells to investigate how some tumours are able to migrate to other parts of the body, which makes the treatment of cancer much more difficult. He believes his work could lead to new treatments and stop 80-90% of cancers in their tracks.

Consortium to accelerate research into mental illness
P1vital has set up a consortium with AstraZeneca, GlaxoSmithKline, Lundbeck, Organon (Schering-Plough), Wyeth and academic clinical research teams to support studies that could hasten the development of new treatments for psychiatric disorders.P1vital will conduct the studies in collaboration with UK clinical psychopharmacology groups at the University of Bristol, Cardiff University, the Institute of Psychiatry, the University of Oxford and the University of Manchester.

Datamonitor

Datamonitor is pleased to support the work of Bionow. By reporting on the shape of the Biotech industry, Datamonitor aims to help Northwest firms stay one step ahead in the global marketplace.

Amarin has reported positive news this month after successfully completing a preclinical proof of concept study for an epilepsy treatment and receiving approval to begin a Phase IIa trial for its age-related memory drug. Meanwhile, Shire has also been granted approval by the FDA for additional dosage strengths of its attention deficit hyperactivity disorder treatment, Vyvanse.

Amarin to initiate Phase IIa memory impairment trial
Amarin has received the necessary regulatory and ethical approvals to commence a Phase IIa trial in age associated memory impairment with AMR101.
Read full article

Shire receives FDA approval for Vyvanse additional dosage strengths
B
iopharmaceutical firm Shire has received approval from the FDA for three additional dosage strengths for the attention deficit hyperactivity disorder treatment, Vyvanse.
Read full article

Amarin completes preclinical study of nasal epileptic drug
Amarin has successfully completed a preclinical proof of concept study using a novel nasal formulation of lorazepam.
Read full article

GenVec signs agreement with Cobra Biomanufacturing
GenVec has entered into a manufacturing development agreement with Cobra Biomanufacturing for TNFerade, the company's lead product candidate.
Read full article

For your free biotechnology report please click here.
To qualify for your Bionow discount on Datamonitor products, please register by email to: websales@datamonitor.com , quoting Bionow as your reference. Alternatively, sign-up for a free report at: dmfreereports.com .

Website of the Month

Reporting on genomics, stem cells, clinical trials, infectious diseases, news, nanotechnology, science education and more. See www.medicineandbiotech.com/

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