Trade Sale

Backed by Uniseed, TenasiTech has commercialised scratch-resistant plastic additives pioneered at University of Queensland’s Australian Institute for Bioengineering and Nanotechnology.

M2P-Labs, a supplier of microbioreactors based on RWTH Aachen intellectual property, has agreed to an acquisition by Beckman Coulter Life Sciences.

The pharmaceutical firm will pay $425m up-front for University of Michigan and Ohio State University-founded OncoImmune after the latter pivoted its research pipeline to target severe cases of covid-19.

Polytechnic University of Valencia spinout VLC Photonics has been bought by Hitachi for an undisclosed sum nine years after it was founded.

Sana Biotechnology has bought central nervous system therapy developer and portfolio company Oscine, which is founded on University of Rochester research.

The University of Aberdeen bone grafting spinout has been acquired after raising more than $4.8m from investors including Armourers and Brasiers.

ICL vascular implant spinout Veryan Medical has been bought by medical device firm Otsuka after raising $56m from investors including IP Group.

Ziylo, a spinout from University of Bristol that is working on a diabetes treatment, has been acquired by Novo Nordisk for a total that could exceed $800m.

VW will invest $100m in QuantumScape and form a joint venture with the Stanford spinout to develop batteries for long-range electric vehicles.

Versant's unusual build-to-buy model has resulted in Roche acquiring a target for MS based on UCSF research and the venture firm launching a new spinout, Pipeline Therapeutics.