Crucial success for University spin-Out
Issued: Thu, 01 Dec 2005 00:00:00 GMT
Crucial Genetics, the successful DNA profiling spin-out company from the University of Glasgow, has added the award of 'Most Promising Young Life Science Company' to its long list of recent achievements.
The company, based in a customised unit at the Southern General Hospital in Glasgow, received the recognition at the Nexxus Awards Ceremony at the City Chambers on 28th October. Nexxus is the West of Scotland BioScience Network.
Crucial Genetics specialises in using DNA samples to carry out paternity testing and tracing family bloodlines. The company has recently received full approval by the United Kingdom Accreditation Service (UKAS), which has enabled Crucial Genetics to tender for DNA testing work for police investigations.
In the past, forensic tests outsourced by the police had to be undertaken in England. As Scotland's first UKAS certified private company, Crucial Genetics can now provide this service from Glasgow. This is a significant achievement for the young company as only two other organisations in the UK have such UKAS accreditation.
Crucial Genetics evolved from DNA research being conducted at the University of Glasgow and is a joint venture between the University and venture capital company, Fifty-Six Ltd.
Dr Gow says 'The recent Nexxus award and accreditation from UKAS is real recognition of Crucial Genetics as one of the UK's leading DNA and molecular biology service laboratories and we are extremely proud of our achievements to date.'
Brian McGeough, Commercialisation Manager at Research & Enterprise, who built the original business strategy and formed the company, adds "The success of Crucial Genetics highlights the University's strong track record of commercialising research and leading company formations. Success stories like Crucial Genetics can lead to a sustainable, competitive market advantage for Scotland."
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