Satellite Banner
Technology
Networks
Scientific Communities
 
Become a Member | Sign in
Home>News>This Article
  News
Return

Artificial Fertility Specialist Secures £65,000 Investment

Published: Friday, May 03, 2013
Last Updated: Friday, May 03, 2013
Bookmark and Share
Funding received from The North West Fund for Biomedical.

An emerging artificial fertility specialist company, whose work could reduce the number of animals used in research by 24 per cent, has secured £65,000 investment from The North West Fund for Biomedical, managed by SPARK Impact.

Studies have shown Ostara’s technology to be effective in substantially enhancing livestock breeding programmes and ultimately improving the efficiency of current breeding techniques.   

In addition to domestic species, it could also be used to increase the reproductive success of rare animals and endangered species. In the longer term, Ostara’s technology could be deployed to boost success rates of existing human infertility treatment practices.

Investing the money is The North West Fund for Biomedical which is part of the wider £155m North West Fund, financed jointly by the European Regional Development Fund and the European Investment Bank.

Dr Nadia Gopichandran, co-founder and chief technical director of Ostara, said: “We are very excited to receive this funding. I would like to thank SPARK Impact and The North West Fund for Biomedical for investing in Ostara, and giving us the opportunity to develop new products in the fertility field.

“The investment means we can push on with our plans to progress our technology further with the aim of launching a product in 2015.”

Dr Penny Attridge, senior investment director at SPARK Impact and fund manager for The North West Fund for Biomedical said: “The team at Ostara is passionate about this technology and we hope to see them succeed in taking this innovative product to market.”

Ostara Biomedical Ltd is The North West Fund for Biomedical’s 51st investment to date and 36th company to be supported by The Fund.


Further Information

Join For Free

Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 3,900+ scientific posters on ePosters
  • More Than 5,300+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.

Related Content

North West Digital Clinical Trial Recruitment Company Secures Six Figure Investment
UK Company has secured an investment of more than £250,000.
Monday, July 22, 2013
Scientific News
Big Genetics in BC: The American Society for Human Genetics 2016 Meeting
Themes at this year's meeting ranged from the verification, validation, and sharing of data, to the translation of laboratory findings into actionable clinical results.
Stem Cells in Drug Discovery
Potential Source of Unlimited Human Test Cells, but Roadblocks Remain.
Cancer Genetics: Key to Diagnosis, Therapy
When applied judiciously, cancer genetics directs caregivers to the right drug at the right time, while sparing patients of unnecessary or harmful treatments.
Making Personalized Medicine a Reality
Groundbreaking technique developed at McMaster University is helping to pave the way for advances in personalized medicine.
Accelerating the Detection of Foodborne Bacterial Outbreaks
The speed of diagnosis of foodborne bacterial outbreaks could be improved by a new technique developed by researchers at the Georgia Institute of Technology.
Scientists Identify Unique Genomic Features in Testicular Cancer
The findings may shed light on factors in other cancers that influence their sensitivity to chemotherapy.
Top 10 Life Science Innovations of 2016
2016 has seen the release of some truly innovative products. To help you digest these developments, The Scientist have listed their top picks for the year.
BioCision Forms MedCision
The new company will focus on technologies for the management and automation of vital clinical processes.
Possible Treatment for Rare Vascular Disease
Researchers manage to reverse hereditary haemorrhagic telangiectasia in mice, if successful in humans it could lead to improved treatment for the disease.
Sweet Tooth Science - Chocolate Antioxidants
Researchers develop a faster and cheaper method to test for antioxidants in chocolate.
Scroll Up
Scroll Down
Skyscraper Banner

SELECTBIO Market Reports
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
3,900+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
5,300+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FOR FREE!