ScottishNews.com

Life Sciences

Scottish firm ACE Aquatec nets £2.5m investment to boost sustainable aquaculture

Published 10 months ago

Dundee-based aquaculture technology firm, ACE Aquatec, has received £2.5 million in investment from sustainability-focused investor, Earth Capital.

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Pneumagen raises £8m to accelerate drug development

Published 10 months ago

St Andrews-based biotech firm Pneumagen has secured £8 million in financing from existing and new investors to support the continued Phase 2 development of Neumifil, a broad-spectrum antiviral, intranasal drug for the prophylaxis and treatment of viral respiratory tract infections (RTIs).

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Merck to create 500 jobs with £30m investment into Glasgow and Stirling operations

Published 10 months ago

German science and technology giant, Merck, has announced plans to invest €35 million (£30m) in the expansion of its biosafety testing capabilities in Glasgow and Stirling.

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Glasgow’s Novosound appoints former Intel exec amid North American expansion

Published 10 months ago

Glasgow-based ultrasound sensor firm Novosound has enlisted the expertise of former Intel executive David Jolliffe as its new CFO.

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Edinburgh biotech secures £250,000 seed funding

Published 10 months ago

Edinburgh-based Lentitek Ltd, a developer of pioneering manufacturing technologies enabling economic delivery of advanced cell and gene therapies, announced today that it has secured £250,000 ($300,000 USD) in seed investment. This investment will be deployed to further advance its technology and commence initial commercial trials.

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SAIC reaches 100-project milestone following latest £2.5m funding round

Published 11 months ago

The Sustainable Aquaculture Innovation Centre (SAIC) has announced support for a further six innovation projects valued at £2.5 million, taking its total investment in research and development initiatives to 100 projects.

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Glasgow-based IbisVision goes global with £4.5m for US & EU expansion

Published 11 months ago

Scottish healthtech firm IbisVision has raised £4.5 million in growth funding to expand its remote eye test platform into the US and EU markets.

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Construction begins on vertical launch spaceport at Sutherland

Published 11 months ago

Construction has begun at Sutherland Spaceport, the UK mainland’s first vertical launch spaceport.

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