Cellzome and GSK in second multi-million pound tie-up Cellzome in Cambridge has signed a second strategic alliance with GlaxoSmithKline (GSK) that will net it £29.9m (EUR 33m) up-front and up to £430m (EUR 475m) in milestone payments.

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'Clean & Cool' trio wow Silicon Valley The Cambridge cleantech cluster could have a new global star among its number if start-up Isentropic is able to convert its claims of having developed a new method for large scale energy storage into a commercial reality.

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New software technology monitors quality of care in hospitals A new system that will help to improve patient safety, recovery and the hospital experience has been developed by a team of staff at The Ipswich Hospital NHS Trust.

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East of England Business News

Abcam doubles dividend as profits soar

Abcam, the Cambridge based Amazon of the antibodies world, saw its share price rocket 40p (3.7 per cent) to £11.20 on the back of a brilliant set of interims.

East needs more angel investors

A series of events will take place across the region starting later this month to try to convince more East of England entrepreneurs and high net worth individuals to find their wings as angel investors.

Horizon to double Cambridge space

Horizon Discovery, the personalised medicine company, is to double the size of its office and laboratory space at its new IQ Cambridge headquarters, which will now house up to 28 staff by year’s-end.

Suffolk technology could save oil firms billions

A system which detects and controls unwanted pockets of liquids and gases in oil flowing from offshore rigs has won Suffolk company Neftemer the Energy Innovation Awards 2010 run by EEEGR (the East of England Energy Group).

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Cambridge boosts earthquake research

Real-time transnational access will enable earthquake researchers to participate in experiments all over Europe without leaving the lab thanks to the University of Read More...

Genome team strengthened

The bioinformatics team at The Genome Analysis Centre at Norwich Research Park is continuing to develop and has welcomed a selection of new talent to the scientific analysis team.