Investment Deal News
News Items
Latest
RSS Subscribe
New mass spectrometer helps Sensapharm combat malaria24 March 2009 (Investment Deal)Set up in 2005, Sensapharm was founded by Dr Neil Sullivan, an experienced bio/pharma scientist, and specialises in the development of molecular sensor technologies for use in the detection of anti-malarial drugs.The company, located at Sunderland’s Business and Innovation Centre, recently received a £48,000 Grant for Business Investment from One North East to help purchase a new high throughput mass spectrometer, known as a triple quadrupole LCMSMS.  The LCMSMS machine has enhanced the firm’s capabilities to extract, purify and analyse the key malaria treatment drug artemisinin, which is produced by a herb called Artemisia annua, most commonly known as Sweet Wormwood. Information used to quantify the drug and other related compounds in sweet wormwood is done through a technique known as metabolic profiling.  Using this type of analysis, the company
Craft Village UK helps Kenyans carve out a new life24 March 2009 (Investment Deal)Paul Young’s business may be based in his home town of Darlington but its links are much more exotic. They include a remote village in western Kenya, Los Angeles-based Twentieth Century Fox, and the animated TV series The Simpsons.   Thanks to Paul’s business initiative and determination, the residents of Tabaka, a Kenyan village just to the south of Barack Obama’s father’s village, have seen their lifestyles transformed.  Using their traditional carving skills, they are producing unique soapstone figures of characters from The Simpsons for Paul’s company Craft Village UK, and The Simpsons Stone Sculpts range is now selling worldwide. After years of development and hard work, a £30,000 investment from UK Steel Enterprise, the Corus-subsidiary that supports new and growing businesses, has helped Paul over the last hurdle.  A packaging re-design has
PIF investment helps Camberwell to develop myCatalyst centres24 March 2009 (Investment Deal)Partnership Investment Finance (PIF) has invested £250k in The Camberwell Project, based in Leeds, which drives regeneration through social enterprise.The equity will allow the 20-strong team to continue developing its self-designed myCatalyst centres which provide flexible and innovative business space for entrepreneurs in deprived areas.  It will also help the company, which has managed more than £10 million in projects in its first 18 months, to commission new social business developments and expand into sectors such as higher education, housing, and healthcare. The £250k investment follows Camberwell winning an award from PIF in 2008 for making the best use of a previous loan package, worth £100k.  Camberwell recently transformed the former Harehills Middle School in Leeds into Shine,
NVM exits Pivotal Laboratories for 27% IRR24 March 2009 (News)NVM Private Equity has successfully exited from Pivotal Laboratories Limited, the York based provider of laboratory support for clinical trials.
Pivotal has been acquired by ACM Global Central Laboratory, a North American clinical laboratory with whom Pivotal formed an exclusive alliance in 2006 to offer a global service to international pharmaceutical companies.  The trade sale has delivered an initial return of 2.2 times money for NVM funds and an IRR of 27% with further proceeds confirmed. NVM originally invested in the business in August 2005 to fund a management buy out.  Pivotal, which employs 38 people at its York laboratory, provides analytical services to the pharmaceutical and biotech industries offering testing on human subjects in a wide variety
Show Articles Published:
Range From
Range From
Close
SuMoTuWeThFrSa
Personal finance
 
 
Take a look at these articles covering some perennial issues of personal finance:
 
young company finance 
is published in
association with FinanceTree 
Copyright ©2008 Young Company Finance Privacy Statement | Terms Of Use