6 ISSUES FOR JUST £6 Subscribe to Business & Professional Life today CLICK HERE

Cherwell biotech wins funding to fight cancer

PUBLISHED: 14:31 09 April 2018 | UPDATED: 14:31 09 April 2018

Xerion Healthcare team at Cherwell Innovation Centre (c) Stuart Bebb

Xerion Healthcare team at Cherwell Innovation Centre (c) Stuart Bebb

Archant

“Xerion Healthcare is an excellent example of the growing biotech community we are helping at Cherwell Innovation Centre who are developing a unique approach to save pain and suffering from life threatening diseases.”

An Oxford University spin-out has successfully raised funding to fuel its expansion at Cherwell Innovation Centre, near Bicester, as it looks to use its nanotechnology to enhance the treatment of thousands of people living with cancer.

Xerion Healthcare completed a £2million investment from local venture capital fund, Oxford Sciences Innovation plc, to develop nanotechnology that enhances the effects of radiotherapy.

Xerion’s nanoparticles are injected into tumours, dispersing throughout the tumour and into cancer cells. When radiotherapy treatment is applied, the nanoparticles generate highly active molecular species, known as ‘free radicals’, which destroy the tumour cells. The nanoparticles split water, rather than interacting with oxygen, allowing the most aggressive oxygen deficient tumour types to be targeted.

Dr. Gareth Wakefield, Chief Technology Officer and co-founder of Xerion Healthcare, said: “Initial targets for our technology are head and neck and pancreatic cancers both of which have unmet clinical needs. Some throat cancers are impossible to surgically remove and the life span from diagnosis to death for those suffering with pancreatic cancer is usually a matter of months. Our cost-effective nanotechnology is set to have a huge impact by helping to increase quality and length of life of cancer sufferers.

Xerion Healthcare first moved to Cherwell Innovation Centre in 2015 when seeking use of kitted-out labs and has just expanded to occupy a total of 1,840 sq. ft. of combined laboratory and office space, nearly ten per cent of the centre.

Cherwell Innovation Centre has become known as an attractive proposition for start-ups who have access to The DiagnOx Laboratory, a shared fully equipped 3,000 sq. ft. managed laboratory and office facility.

Dr. Gareth Wakefield continues: “Cherwell Innovation Centre allows the company to spend funding on recruitment and the science rather than having to buy expensive lab equipment. We have also benefitted from the staff who are very useful to a small company such as ours by assisting with visitors, meeting rooms and becoming part of our team.”

He continued: “Above all, we like being part of an established and thriving biotech community. I’m a physicist running a biotech company, so have found networking with my neighbours, who I also see at local science events, to be invaluable.”

Last year, Xerion Healthcare was highly commended by Oxford Innovation - the UK’s leading operator of business and innovation centres including Cherwell – in the company’s Scale Up Stars of the Future competition to mark its 30th anniversary celebrations.

Tom Hanney, Regional Manager, North Oxfordshire of Oxford Innovation, said: “Xerion Healthcare is an excellent example of the growing biotech community we are helping at Cherwell Innovation Centre who are developing a unique approach to save pain and suffering from life threatening diseases. We look forward to continuing our relationship with Gareth and his team and will fully support them to ensure they can stay focussed on the science.”

In addition to this latest round of funding, Xerion Healthcare has also been awarded a grant through Innovate UK’s Biomedical Early Catalyst scheme. The company is now tackling the challenge of progressing from pre-clinical to patient trials, which are expected to commence early in 2020.

For further information about Xerion Healthcare, visit xerionhealthcare.co.uk or find out more about Cherwell Innovation Centre at cherwell-ic.co.uk.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Cotswold Life visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Cotswold Life staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Cotswold Life account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

More from Cotswold Life

Fri, 12:03

The Cotswolds are abundant with picture perfect locations ideal for a ramble. Gather loved ones, wrap up warm and blow away the cobwebs with one of these winter walks in the region

Read more
Fri, 11:53

Helping clients through divorce, separation and disputes over children, we talk to 8 divorce lawyers in the Cotswolds

Read more
Fri, 11:52

We’ve some extraordinary, and inspiring, women in business in the Cotswolds. We talk to 7 female trailblazers in local industry who offer the business advice they’ve lived by

Read more
Wed, 16:26

Swan Lake. We know the music, we know the iconic imagery of the beautiful ballerina dressed as a swan, but I’m guessing that without reading the libretto in the program, most people don’t know the story. Which is why the audience relies on the dancers to tell us.

Read more
Wed, 11:00

Tom and Louise are being joined by other new academic appointments that have been made as part of the RAU’s £2.5 million initiative to help meet the future needs of the land management and agri-food sectors

Read more
Wed, 10:46

“To win this prestigious award is a real compliment to the wider team in Renishaw’s manufacturing services operation, particularly when we consider the achievements of the other excellent shortlisted companies.”

Read more
Tue, 17:16

Stepping up to receive the world’s first MBA Leading Business degrees at the ceremony were Sarah Bryars, Chief Executive of Target; Luke Freeman, Joint Chief Executive of MF Freeman; and Linsey Temple, Chief Executive of Gloucestershire Engineering Training

Read more
Tue, 17:04

“I am thrilled to see InfoSec People win this fantastic award which is a testament to the brilliant team we have built in the past few years.”

Read more
Tue, 16:36

After a stress-free shopping experience browsing designer brands this Christmas? Look no further than the luxury offerings of Mailbox in Birmingham

Read more
Tue, 10:24

This year sees the 40th anniversary of the publication of Raymond Briggs’ original picture book The Snowman. With three performances of the animated film – with live orchestra – coming to Gloucester Cathedral next month, we thought we’d catch up with Rachel Whibley, managing director of Carrot Productions (and occasional snowman), to find out more...

Read more
Mon, 14:10

It’s the season of terrible puns, magic lamps, and generous genies: Aladdin, the all-new panto at the Everyman, has been written by none other than legendary Blue Peter presenter Peter Duncan, and stars everyone’s favourite clown, Tweedy. The Barnard family from Nailsworth - mum, dad, Harriet (12) and Lewis (6) - made a Wishee (Washee) for tickets; grabbed their car (Window Twan) keys; and dashed off to see A Ladd In Cheltenham

Read more
Mon, 13:45

Crispy, frosty days and perhaps even a dusting of snow, winter is a magical time in the Cotswolds. If you’re thinking of tying the knot during this beautiful season in the region, here are six winter wedding ideas to help you start planning your special day

Read more

Christmas in the Wilson household is a heartwarming, traditional family affair

Read more
Mon, 13:15

Tracy Spiers takes an impressive, if hypothetical, budget on a shopping spree in Cheltenham’s independent stores

Read more

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Topics of Interest

Food and Drink Directory A+ Education

Subscribe or buy a mag today

subscription ad

Local Business Directory

Property Search