Please login to the form below

Not currently logged in
Email:
Password:

Aquapharm awarded GBP 4m funding

Scotland-headquartered Aquapharm Biodiscovery has raised GBP 4m (USD 8m) in funding from equity groups, which include the venture capital arm of Tate & Lyle and Dutch venture capital firm, Aescap.

Scotland-headquartered Aquapharm Biodiscovery has raised GBP 4m (USD 8m) in funding from equity groups, which include the venture capital arm of Tate & Lyle and Dutch venture capital firm, Aescap.

Aquapharm develops antiinfectives from microscopic marine elements and is also developing anti-ageing treatments through advanced fermentation technology.

Shareholders in the company include Scottish and Argyll and Islands Enterprise have also increased investment in Aquapharm.

The company has built up a library of over 6500 marine bacteria and fungi and is using the microorganisms to look for products, such as new antibiotics and "functional" foods with health-giving benefits, such as anti-oxidants.

Dr Simon Barnes, managing partner of Tate & Lyle Ventures, said that Aquapharm had an unrivalled ability to develop natural marine-derived ingredients for a wide range of functional food applications and nutraceuticals, in an interview with a local newspaper.

25th July 2007

Share

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
Digitas Health

Digitas Health is the only digital-at-the-core brand agency designed to connect today's healthcare brands with today's healthcare consumers and professionals....

Latest intelligence

PM Society Digital Awards – the power of together
Our chief executive, Emma Statham, writes about the value of awards and the power of together....
Seduction_feature_image_thumb.jpg
Seduce anyone in four simple steps
You know the health of the global economy is dependent on our ability to seduce one another – don’t you? And you know that we need to be able to...
What Would Jeremy Do? : Assessing the impact of a Corbyn-led Labour government
GK Strategy are delighted to announce the launch our latest briefing paper entitled ‘What Would Jeremy Do? Assessing the impact of a Corbyn-led Labour government’....

Infographics