Latest News

The listing below shows our latest News Items and is updated regularly.  If you wish to post a news item please select the 'Post News' button on the right.  The displayed news feed starts on 1st August 2016.  Older items can be found here.

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Minister of State Sam Gyimah MP to open Schrödinger Building at The Oxford Science Park

Oxford, UK, July 5  2018  - The state-of-the-art Schrödinger Building at The Oxford Science Park, one of the UK's leading parks for science and technology companies, is to be opened this afternoon by Sam Gyimah MP, Minister of State for Universities, Science, Research & Innovation. Architecturally inspiring and built to promote collaboration and cross-fertilisation of ideas, the four-storey office and laboratory facility is part of the programme of investment on the Park which has been ongoing since 2016. The building is named after Professor Erwin Schrödinger, recipient of the Nobel Prize for Physics in 1933 and an alumnus of Magdalen College Oxford, which owns The Oxford Science Park.   As well as declaring the Schrödinger Building open, the Minister will hear about the work of 3D technology innovator Fuel3D and Oxford Sciences Innovation, its first two occupiers. A third occupant is expected to be announced shortly.   At 61,500 ft2 (net internal area), the £13m ...

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Good News on Share Incentives

You may be aware of the very tax advantaged form of share options known as Enterprise Management Incentives (EMI), which can result in an overall tax rate of 10% when employees or directors sell their shares arising from the share options; rather than at much higher income tax rates of at least 40% under different types of share options.   Many technology companies use EMI options to supplement their remuneration and tie in key staff to the company. There was an unfortunate break in the availability of these EMI options earlier in the year, when the Government missed the deadline for EU approval of them as a ‘state-aided’ tax advantage.   This hiatus lasted from April until mid-May, but the necessary approval has now been given and companies are now free to grant further share options under the rules of the EMI scheme. This is good news for any technology companies wanting to reward staff and senior management with shares in a tax-efficient way. One important aspect of ...

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Diamond Pharma Services provided EU regulatory support to Kite Pharma Inc.

'A Diamond does not start out polished and shining, but with enough pressure, hard work and time it becomes brilliant'
Kite Pharma secures breakthrough European positive opinion for CAR-T cell cancer therapy.

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Five major UK Life Sciences Membership Associations team up to lobby parliament regarding Entrepreneurs’ Relief

OBN, OneNucleus, BioNow, Medilink Midlands and MediWales, major not-for-profit life sciences membership organisations in the UK, which together represent around 2,000 active life sciences companies, have sent an open letter on Friday 22 June to the Chancellor of the Exchequer the Rt Hon Philip Hammond, MP in regard to the recently proposed changes to Entrepreneurs’ Relief.

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Adaptix Imaging is winner of The Oxford Science Park Innovation Award 2018

New 3D approach to X-ray imaging recognised as part of Oxfordshire Business Awards

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Physiomics Trading Update

Physiomics plc (AIM: PYC), a provider of technology-based solutions to predict the effects of cancer treatment regimens for the biopharma industry, is pleased to confirm that based on its current unaudited accounts at 20th June, it is trading ahead of market expectations for its full financial year ending 30th June 2018.

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3D-iPSC Matrix Enables More Accurate In Vivo Predictions

AMSBIO announces MyEZGel™ 3D-iPSC Matrix - a powerful new tool for in vitro 3D human induced pluripotent stem cell (hiPSC) culture, enabling more accurate in vivo predictions in life science research and development.

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Arcinova secures £5million BGF investment

BGF has invested £5 million growth capital in Arcinova following a period of rapid growth and development at our site in Alnwick, Northumberland.

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£2.5bn British Patient Capital Programme launched to enable long-term investment in innovative companies across the UK

The British Business Bank is launching British Patient Capital, a new £2.5bn programme designed to enable long-term investment in high growth potential companies across the UK led by ambitious entrepreneurs who want to build successful, world-class businesses.

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Heart disease stem cell therapy can shrink deadly scar tissue

UK trial for breakthrough cardiac treatment that can 'fix' the damage caused by heart attacks

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News Policy

OBN aims to provide sector NEWS that is relevant to our Membership. We filter information from a variety of sources, publish items ourselves and will publish items of News from our Members. Press releases about OBN can be found here.