The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMP.L Regulatory News (AMP)

  • There is currently no data for AMP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Amphion Partnership with Kuwait University

25 Nov 2009 07:00

RNS Number : 0101D
Amphion Innovations PLC
25 November 2009
 



Amphion signs Partnership Agreement with Kuwait University

London and New York, 25 November 2009 - Amphion Innovations plc (LSE: AMP) ("Amphion"), the developer of medical and technology businesses, today announces that it has signed a partnership agreement with Kuwait University (KU), the State's first and oldest University established in the year 1966, for academic and research advancement. This Agreement is aimed at establishing and operating a Technology Transfer Unit (TTU) at KU. This facility will be the first in-house TTU in Kuwait. 

Amphion will focus on supporting decision making within the TTU on IP protection. This will include patenting as well as analysing the IP's technical and market value with the key aim of enabling strategic decision making about what, if any, commercialisation efforts are appropriate. Normally, this commercialisation would take place via licensing, but sometimes it may lead to the creation of a new company. Amphion has already been active for many years in commercialising IP in a number of universities in Europe and the US. 

Amphion has an established presence in the region, both through its Partner Company Motif BioSciences and its investor base, which includes members of prominent Gulf families. Motif has been active in the region for over 5 years and has on-going projects looking at the genetic patterns behind major diseases relevant to populations in the Gulf, including diabetes, obesity and some types of cancer. 

Richard Morgan, CEO of Amphion, said:

"As the range of research outputs from Kuwait University continues to grow in scope and international recognition, establishing effective technology transfer functions becomes increasingly important. Amphion Innovations is excited to be working alongside Prof. Fahed Al-Thaqeb, the Vice President for Research, and Research Administration at Kuwait University in establishing this Technology Transfer Unit and we look forward to announcing further developments in the future."

For further information please contact 

Amphion Innovations plc

Dr. Faisal Al-Refaei, Regional Director, Middle East +965 9999 9560 Charlie Morgan, Director of Communications +1 212 210 6224

Kuwait University

Prof. Haitham Lababidi,  + 965 9982 8640

Asst. Vice President for Research  + 965 2498 5207

Cardew Group Tim Robertson/ Jamie Milton/ Matthew Law +44 20 7930 0777

Charles Stanley (Nominated Adviser) Mark Taylor/ Freddy Crossley +44 20 7149 6000

About Kuwait University

Kuwait University was established in 1966 to promote scientific and academic achievement. The Research Administration (RA) is responsible for promoting faculty-wide research in humanities, basic and applied sciences. The office is the hub of critical activity, promoting scientific advancement through: programs; priorities; grant awards; productivity; publications and external collaborations/partnerships to foster institutional research that possesses creative excellence, innovation and outputs of social, economic and human value. RA's current thrust is to build collaborative partnerships with external institutions, encourage priority research, expedite technology transfer, market research outputs, raise funds to support specialized research and accelerate institutional scientific momentum towards global dimensions. 

On the web: www.ovpr.kuniv.edu/research

About Amphion Innovations plc Amphion (LSE: AMP) builds shareholder value in high growth companies in the medical and technology sectors, by using a focused, hands-on company building approach, based on decades of experience in both the US and UK. Amphion has significant shareholding in 10 Partner Companies developing proven technologies targeting substantial commercial marketplaces, each in excess of $1 billion. Each Partner Company is chosen with the goal of achieving an exit valuation in excess of $100 million.

On the web: www.amphionplc.com 

About Motif BioSciences, Inc.

Motif BioSciences, Inc. works with a variety of Founder Populations to accelerate discovery of genetic variation involved in common diseases. By applying its expertise and proprietary technology to specific populations, Motif expects to make commercially valuable discoveries on the genetic basis of diseases such as diabetes, asthma, and cancer.

On the web: www.motifbio.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUSRVRKKRAUAA
Date   Source Headline
8th Jun 20067:01 amRNSAppointment
6th Jun 20067:01 amRNSRe Agreement
5th Jun 20063:16 pmRNSThe Shafallah Center
2nd Jun 20065:01 pmRNSDr David Evans
1st Jun 20067:00 amRNSAnnual Report and Accounts
23rd May 20067:00 amRNSDirector/PDMR Shareholding
22nd May 20061:41 pmRNSDirector/PDMR Shareholding
19th May 20065:12 pmRNSDirector Share Transaction
15th Mar 20069:25 amRNSCompletion of a Financing
8th Mar 20067:04 amRNSFinal Results
2nd Mar 20069:12 amRNSMotif BioSciences
27th Feb 20064:56 pmRNSNotice of Results
23rd Feb 20067:02 amRNSRe: WellGen Financing
3rd Jan 20067:01 amRNSAdditional Investments
5th Dec 200512:48 pmRNSDirector Shareholding
10th Oct 20057:00 amRNSAcquires a stake
21st Sep 20057:00 amRNSStake in Spin-Out Company
30th Aug 20057:00 amRNSAmphion Invests in WellGen
25th Aug 20054:50 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.