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Life Sciences Archives - Walton Marketing

Newcastle firm, LightOx awarded funding to progress ground-breaking new wound treatment technology

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£100,000 of funding has been awarded to a Newcastle-based life sciences company, to accelerate development of a ground-breaking new treatment for wounds which could improve the lives of millions of people each year. The team at LightOx has created a light-activated treatment designed to destroy bacteria which can prevent wounds from healing normally. Innovate UK funding as part of the Biomedical Catalyst will now allow LightOx to carry out a feasibility study, taking an important step towards bringing the new treatment to market. Dr Sam Whitehouse, CEO of LightOx, explained: “Every year, the NHS treats millions of people with wounds, including chronic wounds which fail to heal normally. These chronic wounds, as well as causing dangerous complications like sepsis and amputation, are expensive to treat, with costs amounting to billions of pounds annually. “As more bacteria become resistant to antibiotics, it’s crucial that we develop new and better treatment options and this funding brings us one step closer to making our light-activated treatment available to clinicians and patients worldwide.” Currently, This new treatment, called LXD231, not only destroys antibiotic-resistant bacteria like MRSA, but also enables bacteria to not become resistant to it. LXD231 takes the form of a gel which…

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Life science pioneers secure £2.5m in grants

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Newcastle based Life Sciences and Biomedical businesses, LightOx, NunaBio, Magnitude Biosciences and Hexis Lab are celebrating securing several grant awards amounting to over £2.5million from Innovate UK’s latest round of R&D grants. Innovate UK provides the UK’s most innovative companies grant funding to help accelerate their growth and leverage private sector investment in the region. Through the support of advocates such as Labour’s Shadow Science MP Chi Onwurah, the region is able to demonstrate its capability and excellence in commercialising scientific breakthroughs. The funding will be used to advance the pharmaceutical and biotechnology research services, technology and drug development of these stand out companies. Innovate UK, part of UK Research and Innovation, have invested up to £25 million in a range of projects across the country this year. Supporting UK businesses to develop solutions that address significant health or healthcare challenges. From cancer prevention, development of new DNA based drug products, testing regimes and tailored treatments, the group are collectively transforming the delivery of healthcare and the development of new health technologies. The North East is fast becoming a hot bed of talent and innovation, with a notable rise in Life Sciences and Biomedical companies in the region proud to…

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