Four Bradford University scientists have won the best healthcare business plan at the national final of the Biotechnology Young Entrepreneurs Scheme (YES).
Their imaginary company, Chemelon Biotech, proposed to develop a photosensitive compound that will fluoresce when exposed to a set level of UVA and UVB, to be used in sun cream. They won against a field of 11 other teams.
Chemelon Biotech member, Gemma Marston said: ‘BioscienceYES was a great experience. It was hard work, but well worthwhile and enjoyable. The team was really surprised to have won, considering the standard of the other teams.’
Jim Farmery, head of innovation at RDA Yorkshire Forward said: ‘The competition gives entrants an invaluable insight into the biotechnology industry and gives them the opportunity to discuss their ideas with industry experts and learn direct from them.
‘It encourages an entrepreneurial culture in the bioscience postgraduate and postdoctoral research community, ultimately benefiting Yorkshire and Humber’s economy.’
The Biotechnology YES scheme is organised by the Nottingham University Institute for Enterprise and Innovation and the Biotechnology and Biological Sciences Research Council.