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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Oxford Brookes Uni spinout MetaGuideX wins business innovation programme
The innovative cancer diagnostics company was identified from eight start-ups as a promising solution to the NHS and UK life science’s needs.
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Oxford Metrics announces preliminary results to 30 Sept 2020
Headline revenue was £30.3m, down 14.3% on the previous year as pandemic has caused short-term sales delays, particularly in the USA.
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Temps can help fuel Oxfordshire’s post COVID-19 economic recovery
Historically, it may have been difficult to find the right people for temporary roles at senior levels. However, the employment market has been upended.
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Chevron Traffic Management completes company reorganisation
Chevron Traffic Management Ltd has completed a group reorganisation with recently acquired businesses merging to form a single harmonised traffic management business.
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Refeyn Closes Series A Funding Round
Oxford-based Refeyn, which develops instrumentation for the disruptive new life science technology mass photometry, has successfully completed its Series A funding round.
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West Oxfordshire businesses apply for council-run Government grant scheme
Hundreds of local businesses in West Oxfordshire affected by the national lockdown have applied for financial help from a Government grant scheme run by the council.
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£1bn in funding shows strength of Science & Technology in Oxfordshire
Bidwells, the commercial property consultancy – has estimated that organisations within Oxfordshire’s Science & Tech community have raised over £1bn in funding to date during 2020.
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UK’s first vaccines manufacturing and innovation centre set to open in Oxfordshire in 2021
The Vaccines Manufacturing and Innovation Centre (VMIC) is the first of its kind in Europe and will provide vaccine development and advanced manufacturing capability.
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Oxford Biomedica and PhoreMost enter gene therapy discovery collaboration
Oxford Biomedica and PhoreMost enter gene therapy discovery collaboration to develop next-generation CAR-T cell therapies with improved efficacy and durability.
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HR Wallingford wins Not-for-Profit Award in GEO SDG Awards
HR Wallingford which is leading the Dengue Model forecasting Satellite-based System (D-MOSS) project has won Not-for-Profit Award in second annual GEO SDG Awards
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Westminster Group listed as one of 1,000 companies to inspire Britain in 2020
The list recognises the regional and sector diversity of the UK’s small and medium-sized businesses and the entrepreneurial spirit shown by these companies.
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Oxford Sciences Innovation announces sale of Base Genomics to Exact Sciences
Oxford Sciences Innovation (OSI) has announced the sale of its portfolio company, Base Genomics, to Exact Sciences for a total consideration of $410m.
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Oxford Nanopore raises £84.4M in new capital
Oxford Nanopore Technologies has raised £84.4M in new capital from existing investors and new investors, including International Holdings Company (IHC) and RPMI Railpen.
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Managing partner of Shaw Gibbs appointed deputy chair of DFK UK&I
DFK UK & Ireland has appointed Peter O’Connell, the managing partner of Oxford-based Shaw Gibbs, as new Deputy Chairman
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Oxford Biomedica gains MHRA approval for fourth manufacturing suite in Oxbox
Oxford Biomedica has announced MHRA approval for 4th GMP manufacturing suite within the Group’s new Oxbox manufacturing facility.
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UK Gov contracts with Abingdon Health for COVID-19 rapid antibody tests
The UK government has entered into a contract with Abingdon Health, on behalf of the UK-Rapid Test Consortium, for the supply of COVID-19 rapid antibody tests.