(NU/1433-40) Transdermal Drug Delivery: The Provision of Business Consultancy to Assist Commercialisation of University Research

A Contract Award Notice
by NEWCASTLE UNIVERSITY

Source
Contracts Finder
Type
Contract (Services)
Duration
5.5 month
Value
£30K
Sector
BUSINESS
Published
13 Jan 2023
Delivery
22 Dec 2022 to 31 May 2023
Deadline
07 Nov 2022 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The Northumbria University team have developed a new technology to move drugs into the body from a layer in a patch stuck to the skin. This is an alternative to using needles. Current drug delivery patches don't work for a large proportion of drugs because of their chemistry characteristics mean they don't absorb through skin well. This technology can move 'difficult' molecules through the skin. The initial brief of the executive will be to: (1) Produce a viable 5 year business plan; (2) Obtain university approval for the venture; a. Act for the company in the spin-out legal process and address all company formation matters; b. Provide to the appropriate university all matters necessary for Research England reporting requirements; (3) Secure a Medical Device Manufacturer partnership (4) Engage with investors in securing funding

Award Detail

1 DR Peter Arnold (Alnmouth)
  • Value: £30,000

CPV Codes

  • 79400000 - Business and management consultancy and related services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains