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AZ injects millions into new genomics nervecentre in Cambridge

AstraZeneca and its global biologics research and development arm, MedImmune, have chosen Cambridge as the base for a pioneering new genomics research centre.

Hundreds of millions of dollars will be injected into the nervecentre, which will be based at the companies’ new HQ being built at the Cambridge Biomedical Campus.

See more at: http://www.businessweekly.co.uk/news/biomedtech/az-injects-millions-new-genomics-nervecentre-cambridge
AstraZeneca and its global biologics research and development arm, MedImmune, have chosen Cambridge as the base for a pioneering new genomics research centre. Hundreds of millions of dollars will be injected into the nervecentre, which will be based at the companies’ new HQ being built at the Cambridge Biomedical Campus. The initiative represents arguably the most significant move since the mapping of the Human Genome  – steered by the Wellcome T...
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CEO highlights “fantastic opportunities” as ARM revenue and profits storm ahead

Simon Segars, the CEO of Cambridge UK superchip architect ARM Holdings, announced a fresh surge in revenue and profits for the first quarter of 2016 and predicted a new era of “fantastic opportunities” for the business.

See more at: http://www.businessweekly.co.uk/news/hi-tech/ceo-highlights-%E2%80%9Cfantastic-opportunities%E2%80%9D-arm-revenue-and-profits-storm-ahead
Simon Segars, the CEO of Cambridge UK superchip architect ARM Holdings, announced a fresh surge in revenue and profits for the first quarter of 2016 and predicted a new era of “fantastic opportunities” for the business. ARM Q1 revenues were 22 per cent ahead to £276.4 million with pre-tax profit was 14 per cent higher at £137.5m.
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Clucking good deal as Crown Chicken goes for £40m

Norfolk chicken producer Crown Chicken has been acquired by one of the UK’s largest food producers, Cranswick plc, in a £40 million deal supported by financial and business advisers Grant Thornton.

See more at: http://www.businessweekly.co.uk/news/food-and-beverage/clucking-good-deal-crown-chicken-goes-%C2%A340m
Norfolk chicken producer Crown Chicken has been acquired by one of the UK’s largest food producers, Cranswick plc, in a £40 million deal supported by financial and business advisers Grant Thornton. Based in Kenninghall, Crown Chicken is a leading integrated poultry producer. It breeds, rears and processes fresh chicken for a range of UK customers, alongside its own milling operation. Revenue for Crown in 2015 was £83.8m and adjusted EBITDA was £6...
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Cyan’s £10m Iran order outstrips its market cap

Smart metering and lighting technology company Cyan has clinched a £10 million order from Iran – larger than the quoted Cambridge UK company’s £9.2m market cap.

See more at: http://www.businessweekly.co.uk/news/cleantech/cyan%E2%80%99s-%C2%A310m-iran-order-outstrips-its-market-cap
Smart metering and lighting technology company Cyan has clinched a £10 million order from Iran – larger than the quoted Cambridge UK company’s £9.2m market cap. The order – from telecomms contractor Micromodje Iran – marks a rapid conversion following trials of Cyan’s smart electricity meters in the Islamic state. It also represents one of the first major pieces of business by a ‘foreign’ company since trade sanctions against Iran were lifted.
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Business boom for region as Superzones launch

The Cambridge Compass Enterprise Zone plus 10 other superzones in Norfolk and Suffolk went live today with the aim of driving thousands of new jobs and homes and pepping the economy of the UK’s top science & technology cluster.

See more at: http://www.businessweekly.co.uk/news/economic-development/business-boom-region-superzones-launch
The Cambridge Compass Enterprise Zone plus 10 other superzones in Norfolk and Suffolk went live today with the aim of driving thousands of new jobs and homes and pepping the economy of the UK’s top science & technology cluster. The initiative was unlocked by Chancellor George Osborne’s Autumn Statement and inaugurated with a figurative fanfare of trumpets from the Local Enterprise Partnerships that sealed the deals.
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Darktrace ‘digital antibodies’ allow machines to fight off cyber attacks.

Cambridge cyber security pioneer Darktrace has invented digital antibodies that enable a machine to automatically fight off cyber attacks on a network’s immune system.

See more at: http://www.businessweekly.co.uk/news/hi-tech/darktrace-%E2%80%98digital-antibodies%E2%80%99-allow-machines-fight-cyber-attacks
Cambridge cyber security pioneer Darktrace has invented digital antibodies that enable a machine to automatically fight off cyber attacks on a network’s immune system. Up to now the UK company has helped governments and corporations identify areas of their systems vulnerable to attack and alert them to raids. Now it has taken the enterprise immunity technology a vital stage further with a new product called Antigena that enables networks to self-...
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Jewels in the crown as business leaders win Queen’s Awards

East of England innovation, entrepreneurship and exporting prowess received royal assent in the UK today as trailblazing startups and mature companies from across the region won Queen’s Awards.

See more at: http://www.businessweekly.co.uk/news/economic-development/jewels-crown-business-leaders-win-queen%E2%80%99s-awards
East of England innovation, entrepreneurship and exporting prowess received royal assent in the UK today as trailblazing startups and mature companies from across the region won Queen’s Awards. The Queen’s Awards arbiters have honoured three Cambridge winners from last month’s Business Weekly Awards – Horizon CEO Dr Darrin Disley, fast-growing cyber defence company Darktrace and the all-conquering Marshall Aerospace & Defence Group.
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Cambridge sweeps board at US bio innovation showcase

Cambridge UK companies dominated the innovation awards at a US biotechnology showcase with four winners and one runner-up out of 46 global technologies judged.

See more at: http://www.businessweekly.co.uk/news/biomedtech/cambridge-sweeps-board-us-bio-innovation-showcase
Cambridge UK companies dominated the innovation awards at a US biotechnology showcase with four winners and one runner-up out of 46 global technologies judged. Eagle Genomics, PetaGene, Dassault Systems (BIOVIA) and Illumina all won their categories against world-class rivals at the Bio-IT World Best of Show competition in Boston. Genestack, received an honourable mention in the Informatics Tools & Data Analysis category.
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St John’s seeks consent for 64,400 sq ft office/R & D building

Planning consent is being sought for a 64,400 sq ft flagship office/R & D building with flexible space at the coveted St John’s Innovation Park in Cambridge.

Subject to approval, the new facility would provide sorely needed R & D and office space in the popular northern fringe of the science & technology cluster.

See more at: http://www.businessweekly.co.uk/news/property-and-construction/st-john%E2%80%99s-seeks-consent-64400-sq-ft-officer-d-building
Planning consent is being sought for a 64,400 sq ft flagship office/R & D  building with flexible space at the coveted St John’s Innovation Park in Cambridge. Subject to approval, the new facility would provide sorely needed R & D and office space in the popular northern fringe of the science & technology cluster. The building has been designed to accommodate multiple occupiers and let on a floor by floor basis – or to one occupier as a headquart...
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Cambridge March deals top $2.69 billion

March came in like a lion and kept roaring as far as dealflow in the Cambridge UK science & technology cluster was concerned – with lambs nowhere in sight.

Deals and investment in the month topped $2.69 billion, taking the value of transactions to $93.063bn in the 36 months of Business Weekly’s Cambridge Deals Digest. That’s a monthly average of $2.589bn.

See more at: http://www.businessweekly.co.uk/news/financial/cambridge-march-deals-top-269-billion
March came in like a lion and kept roaring as far as dealflow in the Cambridge UK science & technology cluster was concerned – with lambs nowhere in sight. Deals and investment in the month topped $2.69 billion, taking the value of transactions to $93.063bn in the 36 months of Business Weekly’s Cambridge Deals Digest. That’s a monthly average of $2.589bn.
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Sepura wins Business of the Year award

Communications technology world-leader Sepura was last night crowned Business of the Year at a glittering Business Weekly Awards ceremony at Queens’ College, Cambridge.

See more at: http://www.businessweekly.co.uk/news/hi-tech/sepura-wins-business-year-award
Communications technology world-leader Sepura was last night crowned Business of the Year at a glittering Business Weekly Awards ceremony at Queens’ College, Cambridge. Some 200 leading executives from the East of England, the UK and internationally saw COO Paul Watson lift a title Sepura has coveted for a number of years. Sepura was the reigning International Trade Champion but a phenomenal year of growth nudged them up that extra notch to join ...
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US Cash for Bio and AI takes Cambridge dealflow past $90bn

Heavy US investment in Cambridge UK science & technology was the hallmark of a busy February dealflow.

Deals valued at just over $1.67 billion in the short month took the value of transactions to $90.373bn in the 35 months of Business Weekly’s Cambridge Deals Digest.

That’s a monthly average of $2.582bn.

See more at: http://www.businessweekly.co.uk/news/financial/us-cash-bio-and-ai-takes-cambridge-dealflow-past-90bn
Heavy US investment in Cambridge UK science & technology was the hallmark of a busy February dealflow. Deals valued at just over $1.67 billion in the short month took the value of transactions to $90.373bn in the 35 months of Business Weekly’s Cambridge Deals Digest. That’s a monthly average of $2.582bn. News in the Business Weekly pipeline indicates March will also have a busy start with life science again leading the way.
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Reporting on Cambridge and the East of England, Business Weekly’s print edition, website and digital edition combine the latest business news with in-depth reports and analysis on issues of importance to companies involved in hi-tech, biotech, manufacturing and services to industry.