Newcastle University · Awarded contract
Awarded

Business Consultancy for Commercialisation of Transdermal Drug Delivery Research

Awarded 22 Dec 2022

View live tenders
Awarded22 Dec 2022
Value£30,000.00
RegionNorth East
CategoryConsultancy & Legal
Ended 3y 5mo ago5mo term
Awarded 22 Dec 2022Expired 30 May 2023

Newcastle University awarded a contract to Dr Peter Arnold for business consultancy to assist the commercialisation of university research.

The contract, valued at £30,000, involved developing a viable 5-year business plan, obtaining university approval for the venture, acting for the company in the spin-out legal process and addressing company formation matters, providing necessary information for Research England reporting requirements, securing a Medical Device Manufacturer partnership, and engaging with investors to secure funding.

The research concerned a new transdermal drug delivery technology that moves difficult molecules through the skin as an alternative to needles.

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