Biotech spinout launched

Oxford Brookes University and the Centre for Ecology & Hydrology have launched a spinout providing products, services and consultancy to pharmaceutical and biotechnology industries

OxfordBrookesUniversity and the Centre for Ecology & Hydrology (CEH) have launched a spinout providing products and consultancy services to global pharmaceutical and biotechnology industries.

Oxford Expression Technologies’ unique products and services are based on intellectual property developed jointly by the university and CEH – one of the Natural Environment Research Council’s (NERC) research centres.

Both NERC and Oxford Brookes are among the shareholders in the new enterprise.

OET is best known for producing a technology called ‘flashBAC’ that enables researchers in academia and industry to produce proteins more easily and more cost-effectively using automated, high throughput techniques. The proteins can then be used for a variety of purposes such as in the development of new drugs and for more targeted research on understanding how proteins work in health and disease.

One of the founders of Oxford Expression Technologies, Prof Linda King, of OxfordBrookesUniversity said: ‘We’re thrilled that OET has become a fully fledged company in its own right.

‘We’ve been providing commercial services for nearly five years but we realised that to fly higher and achieve its full potential in the commercial market, OET needed to be recognised as a serious business enterprise.

‘Thanks to the financial backing of private investors, and importantly their business knowledge and expertise, we believe we will be able to launch into a much bigger and wider market.’