Biopta hailed as innovation success by Alex Salmond

Glasgow Caledonian University spin-off company, Biopta, was used as a backdrop for an announcement by Scotland’s First Minister, Alex Salmond, that more than £4.7 million of European funding is being invested in initiatives to support small and medium enterprises.

Biopta, which was set-up by Dr. David Bunton and Professor Chris Hillier in 2002, now employs 18 people in testing drugs for the pharmaceutical industry using ethically sourced human tissue. 

The firm has benefited from investment of more than £2million from a combination of GCU, Scottish Enterprise’s Proof of Concept Award and the Scottish Co-Investment Fund through matched investment from Braveheart Investment Group and TriCap.

Speaking today, the First Minister congratulated Biopta on being a further example of Scotland’s great innovation traditions, adding that the company counts eight of the top 10 pharmaceutical companies in the world among its clients.

Find out more about our business successes.

This entry was posted in Problem Solving and tagged , , , by fra1. Bookmark the permalink.

About fra1

GCU Business - your gateway to the experts at Glasgow Caledonian University - can play a central role in supporting your business. Through collaborative partnerships with experts at Glasgow Caledonian University, we provide corporate, public and third sector organisations with Work-based Learning Academies and tailored education programmes, solves business problems through consultancy and research projects, and supports sustainable community business practices through social innovation. www.gcu.ac.uk/business

One thought on “Biopta hailed as innovation success by Alex Salmond

  1. Pingback: Tweets that mention Biopta hailed as innovation success by Alex Salmond | Applied Knowledge Exchange -- Topsy.com

Leave a Reply

Your email address will not be published. Required fields are marked *