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Successful Academia - Industry Technology Transfer; IOTA NanoSolutions highlighted in EPSRC Annual Report and Accounts 2007 – 2008




We are pleased to announce that IOTA NanoSolutions Ltd has been highlighted as an example of successful academia to industry knowledge and technology transfer in the EPSRC Annual Report 2007-2008.

The formation of IOTA NanoSolutions Ltd was chosen as a clear example of the economic impact of EPSRC funded research. Under the heading “Spin-out Successes”, details are given of the initial University of Liverpool research leading to the collaboration with Unilever and ultimately the funding of a spin-out company by Unilever Ventures .

Since the foundation of IOTA NanoSolutions, the team have developed a multi-sector, multi-partner business programme and a broad patent portfolio now encompassing 16 applications and granted patents. IOTA NanoSolutions is currently based in the MerseyBio incubator, Liverpool, and is actively seeking further product opportunities for joint development with innovative companies.

Co-founder and CSO of IOTA NanoSolutions, Professor Steve Rannard commented “IOTA NanoSolutions is a true illustration of how EPSRC funding can lead to successful transfer of research discoveries to commercial ventures and products”.

CEO of IOTA NanoSolutions, Andrew Elphick, added “It is extremely rewarding for all at IOTA NanoSolutions to be recognised as beacon of successful EPSRC enabled technology transfer”.

--ENDS--

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


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