IOTA NanoSolutions Ltd celebrates two year anniversary
1st June 2007
IOTA NanoSolutions Limited is celebrating the two year anniversary of the company today.
IOTA NanoSolutions Ltd was registered as a spin-out company from Unilever in June 2005 with a mission to exploit and develop novel proprietary nanodispersion technologies. IOTA NanoSolutions has its roots in a collaboration between scientists at the University of Liverpool and Unilever which began in 2002. The initial concepts were created by Prof Andy Cooper (Liverpool) and Dr Haifei Zhang (Liverpool) but were expanded in a joint development led by Prof Steve Rannard and produced a valuable intellectual property portfolio. IOTA NanoSolutions was co-founded by Prof. Steve Rannard, Dr Alison Foster, Dr Dave Duncalf, and Prof Andy Cooper and is currently funded by Unilever Ventures.
Since the spin-out, IOTA NanoSolutions has grown in size, now with 8 full-time employees, and has built a multi-sector partner portfolio. IOTA NanoSolutions is based in two purpose-built laboratories in the MerseyBio incubator, Liverpool, and is actively seeking further product opportunities for joint development with innovative companies.
Andrew Elphick, CEO of IOTA NanoSolutions commented, “IOTA NanoSolutions has grown and developed enormously over the last two years. We have evolved from an idea in the minds of a few research scientists within a corporate development centre, into a real company with a full time team of 8, dedicated labs and expanding relationships with globally significant companies in numerous sectors.”
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For further information contact:
IOTA NanoSolutions Limited
MerseyBIO
Crown Street
Liverpool
L69 7ZB
UK
Tel: +44 (0)151 795 4219
Fax: +44 (0)151 795 4173
info@iotanano.com
