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Business

Oxford Forms Spin-off Partnership

by Marc S. Reisch
May 25, 2015 | A version of this story appeared in Volume 93, Issue 21

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Credit: Oxford Nanopore Technologies
Oxford Nanopore Technologies, maker of this single-molecule sequencing device, is one of the more than 100 spin-offs from the university in the past 15 years.
Photograph of a device for single-molecule sequencing.
Credit: Oxford Nanopore Technologies
Oxford Nanopore Technologies, maker of this single-molecule sequencing device, is one of the more than 100 spin-offs from the university in the past 15 years.

The University of Oxford and its technology commercialization subsidiary, Isis Innovation, have formed a partnership to create new businesses from academic advances. The partnership, Oxford Sciences Innovation, is now raising $465 million from investors, including the Wellcome Trust, to fund spin-off companies from the university’s mathematical, physical, life sciences, and medical sciences divisions. Business opportunities from the chemistry department will be handled by the OSI partnership when a contract with the IP Group, an OSI investor, ends in November.

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