Business & Economy
Stay informed on the latest news, stories, and analysis of the local business and economy in Oxford and Oxfordshire, including economic trends, key company appointments, and developments of local enterprises.
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Exscientia acquires personalised medicine AI pioneer Allcyte
The combination expands Exscientia’s capabilities by enabling high content evaluation of individual patient biology in primary tumour tissues rather than artificial cell lines or animal models.
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DJS Antibodies moves to newly converted lab space at Wood Centre for Innovation
Biotech start-up, DJS Antibodies, is the second company to move into the newly converted class II laboratory space at The Oxford Trust’s Wood Centre for Innovation.
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Unipart wins five-year Jaguar Land Rover distribution centre contract
The five-year contract is to run a new, custom-built Jaguar Land Rover Global Parts Logistics Centre at Appleby Magna in Leicestershire that will open in 2022.
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G7 health summit highlights Oxfordshire’s thriving life sciences sector
The arrival of G7 health ministers to Oxford on Thursday 03 June will shine a spotlight on Oxfordshire’s considerable achievements in the life sciences sector.
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Revenue quadruples in Sensyne Health trading update for 2021
The company has reported robust financial performance in its 2021 unaudited revenues of at least £9.0 million compared to £2.1 million in the 2020 audited accounts.
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Oxford Biomedica to increase production of AstraZeneca COVID-19 vaccine
AstraZeneca has committed to an increase in the number of batches required from Oxford Biomedica in the second half of 2021.
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Oxford’s Vaccitech completes IPO on Nasdaq and raises $110.5m
The Oxford-based clinical-stage biopharmaceutical company that co-invented a COVID-19 vaccine is a spin-out from Oxford University’s Jenner Institute.
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Westminster Group wins Queen’s Award for Enterprise in International Trade
The leading supplier of managed services and technology-based security solutions worldwide won the award for its outstanding growth in overseas sales.
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Oxford expected to see fast post-COVID-19 economic growth in 2021
The latest UK Powerhouse report reveals that Oxford had 3.0% employment growth in Q4 2020 – the fastest employment growth out of the UK Powerhouse cities.
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Sense raises $50m Series B funding for instrument-free product platform
The investment led by Koch Disruptive Technologies helps Sense accelerate its portfolio of products to deliver patient-focused healthcare.
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Wallingford-based Ecocleen acquires The JPM Group
The successful buyout will enable the group to expand its presence within both established and new sectors whilst growing its nationwide network.
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Oxford Endovascular raises $10m to develop its origami engineered medical device
The raise will enable the company to complete development work and gain first in-human data through an early feasibility clinical study.
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Corporate co-working scheme piloted in Oxfordshire and Bucks
The Corporate Co-working Membership scheme will give businesses the chance to offer employee collaboration at a convenient workspace close to home.
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Abingdon based West Waddy merges with Archadia Architects
Award-winning multidisciplinary architecture, planning and urban design Practices – West Waddy ADP and Archadia Architects – have merged to form a new Practice, WWA.
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WuXi AppTec completes acquisition of Oxford-based OXGENE
This acquisition enables WuXi AppTec to offer its customers end-to-end support in the creation and development of cutting-edge cell and gene therapies for patients in need worldwide.
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MKM independent builder’s merchant opens new branch in Wallingford
The 1.2acre site is based at Lupton Road is a one-stop-shop for local trade and retail customers – their first in Oxfordshire – and brings the network to 80 branches.