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Begbroke Science Park alumnus Oxford BioDynamics earns Technology Innovation Award
Oxford BioDynamics, the UK-based Biotechnology Company, has announced that it has received the Frost & Sullivan 2015 European Technology Innovation Award for biomarker discovery. The Oxford University spin-out received the award for its biomarker discovery platform EpiSwitch™, which is based on the latest understanding of the mechanisms of epigenetics, non-coding RNA and gene expression. Oxford BioDynamics’ unique technology platform EpiSwitch™ was awarded the prize because it addresses an urgent need for better diagnostic tools in the pharmaceutical industry by offering accelerated discovery of biomarkers for the development of such tools. The award also recognises the company’s successful expansion into new markets, particularly in the rapidly growing healthcare markets of Asia, where Oxford BioDynamics has entered pioneering research partnerships with pharmaceutical businesses and researchers in the region.
Dr Alexandre Akoulitchev, chief scientific officer at Oxford BioDynamics, comments: “EpiSwitch™ has been developed for the early and reliable detection of aberrant gene expression. The platform offers an affordable means of non-invasive screening to improve patient outcomes, and deliver data to support market access. EpiSwitch’s unique technology counters the rising cost of drug development by identifying viable patient groups for new and existing drugs. This recognition from [global research and consulting organization] Frost & Sullivan is great news, as we continue to work with partners to develop new diagnostic technologies for the healthcare industry.”
In 2007 Oxford BioDynamics was spun-out from Oxford University, following ground-breaking work by its founders in the area of epigenetics. The company took space in the Centre for Innovation & Enterprise at Begbroke Science Park from 2007 – 2010, before moving to their present home in Oxford’s city centre. The company now has subsidiaries in Singapore, Malaysia and Australia.The award was presented to Oxford BioDynamics on Friday, 22nd October at an Awards Banquet in Monte Carlo.
For more information on the award visit Oxford BioDynamics’ website .