University spin-out locates in Torbay
Molendotech Limited, a spin-out from the University of Plymouth, located into the University of Plymouth Brixham Laboratory in Torbay.
Molendotech Limited has developed an innovative assay that is able to rapidly identify the concentration of faecal bacteria in water without the need to wait days for laboratory results. With its Siren BW product test results can be delivered in a matter of minutes, significantly improving the ability to identify and track any pollution source in real time.
The company has entered into a collaboration agreement with Palintest Limited, (part of FTSE 100 Halma group) who will work with Molendotech to bring the test to market and develop further products. They have also been assisted by the University’s intellectual property partners, Frontier IP.
Molendotech has been developed by Simon Jackson, Professor of Environment and Human Health, and the head of the Endotoxin and Innate Immunity Group, within the School of Biomedical and Healthcare Sciences at the University.
Professor Jackson is a leading researcher into immune responses to infection, and in particular, inflammation and sepsis.
The company will be focusing heavily on new export markets as key part of its growth plans. The company plan to initially target European and Australian markets and further develop the product for other water testing applications.
Professor Simon Jackson, Molendotech said:
“The University of Plymouth Brixham Laboratory in Torbay provides Molendotech with access to a World Class facility at an important stage of our growth plans.
“We have already been able to recruit key staff and are keen to expand our networks. We look forward to receiving continued support from the TDA on their aftercare account management programme and also with export support, targeting new country markets using their international trade bursary. We believe Molendotech will grow rapidly.”
For more information about Molendotech please visit www.molendotech.com