Jobs at risk as Sanofi confirms closure of Kymab’s Cambridge facility
WEBMar 11, 2024 — Jobs at risk as Sanofi confirms closure of Kymab’s Cambridge facility. French pharma and healthcare giant Sanofi is closing its Cambridge facility at Babraham Research Campus, occupied by Kymab, leaving the fate of 90 employees in the balance. Sanofi acquired antibody gamechanger Kymab for $1.1 billion plus $350m in potential milestones in ...
Not as sweet as expected but sugar profits should surge in the …
WEB04 Sep, 2024. Tony Quested. Associated British Foods plc, which owns British Sugar across the East of England, is experiencing more lumps than it cares for from its Sugar division in a tough macro-economic conditions but expects profits to star rising in the not-too-distant future. British Sugar's factory on the banks of the River Yare in Norfolk.
Mestag Therapeutics secures funding to aid cancer fight - Business …
WEBSep 2, 2024 — Newsdesk. Cambridge-based biotech Mestag Therapeutics has shared in a £12 million Innovate UK grant to advance nextgen immunotherapies for cancer. The company has secured £1.5m of the total UK allocation. Harnessing new insights into fibroblast-immune interactions, Mestag is using the award to accelerate the development of its MST-0300 antibody.
AstraZeneca commits £200m and 1,000 jobs to Cambridge in …
WEBMar 5, 2024 — AstraZeneca commits £200m and 1,000 jobs to Cambridge in £650m UK investment boom. AstraZeneca has committed an extra £200 million to further expansion in Cambridge bringing 1,000 new jobs to the Cluster’s world-class Life Sciences community. It is also investing £450m to research, develop and …
Football club an important ‘player’ in Cambridge Cluster
WEBWay beyond sheer sporting passion, a successful football club is an important cog in the wheel of any successful commercial community. This has been driven home locally to no small extent by AstraZeneca’s support for Cambridge United and the important personalities from business and academia who sit on the board.
Christopher Saunders – a truly remarkable entrepreneur - Business …
WEBFeb 13, 2024 — Christopher was father to three entrepreneurs – Philip Saunders, Kate Kirk and Lucy Saunders. One of the business people he helped – John Batten – contacted the family to express his sorrow at Christopher’s passing and gratitude for his early advice. John told them: “Christopher helped me raise funds for my startup company Transmo Ltd.
Life sciences and hi-tech lead jobs growth in Cambridge
WEBMar 24, 2024 — Knowledge intensive sectors are driving major employment growth in the Cambridge city region – a 20-mile radius from the centre of Cambridge. The sectors grew headcount by 5.7 per cent over the latest year of data (2021-22 to 2022-23), led by an 11.1 per cent increase in life sciences. The data, recorded in the annual Cambridge Ahead monitor, also captures turnover for which hi-tech ...
$300m raise for Quantinuum at $5bn pre-money valuation creates …
WEB16 Jan, 2024. Tony Quested. From modest Cambridge roots – having started life in a tiny room in the Cambridge Union Building on Bridge Street – quantum computing pioneer Quantinuum has grown into a unicorn many times over following a $300 million raise which values the business at $5 billion pre-money. Ilyas Khan, Quantinuum.
Treatt shares rocket as order book and pipeline swell - Business …
WEBApr 9, 2024 — New wins in premium products and growth in China helped Suffolk natural ingredients manufacturer Treatt plc to a small profit in the half-year to March 31. Credit – Treatt. More importantly, the order book is bulging - helping to send the UK share price 45.50p and 11.25 per cent higher to 450p a share …
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WEBHowes Percival acts for SecAlliance on sale to Danish company. Lawyers at Howes Percival’s Milton Keynes office have advised UK headquartered Security Alliance Limited (SecAlliance) on its acquisition by CSIS Security Group A/S in Denmark. Howes Percival advised the sellers, John Beale and Robert Dartnall on all aspects of the transaction.