Commercialisation of University Research for OAB Diagnostic Spin-Out Company
Awarded 17 Oct 2022
About
Newcastle University awarded a contract to DU Biosciences for the commercialisation of university research through the provision of management skills to assist in successful spin-out company creation.
The contract, valued at £30,000, supports the establishment of a spin-out company to produce a dipstick-style test for overactive bladder (OAB), intended for regular screening in GP surgeries, pharmacies, or nursing homes, and as a companion diagnostic to assess treatment effectiveness.
The executive appointed is expected to develop a robust business model, create investor pitch materials, and establish collaborative research projects.
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