Oxonica among the ‘best nanotechs’
10th November 2006
Oxonica has been named one of four nanotechnology startups offering the greatest value for potential corporate partners.
Oxonica – Leaders in Nanotechnology
In a study released on 17 October 2006, Lux Research measured 136 venture-capital backed nanotech companies using a comprehensive, quantitative methodology for determing suitability for partnership. Oxonica received an overall score of 85, tied with two other nanotech leaders and one point behind the overall highest scorer.
“Oxonica has been built with corporate partnership at the forefront of our strategy” said Kevin Matthews, CEO of Oxonica plc. “We have been working diligently at forging international partnerships to market our industry-leading products and it is exciting to see our work reflected in this top ranking.” The corporate partnership rankings were developed by Lux Research, a leading nanotech industry research firm, using an evaluation tool with 20 objective criteria spanning four success factors:
1) scientific pipeline;
2) commercial viability;
3) legal and regulatory position; and
4) operational and financial performance.
The methodology also incorporated qualitative criteria such as the strength of the companies’ management teams. The tool was applied to all nanotech start-ups worldwide that were independently operating and backed by institutional venture capital as of September 2006, and which had not gone public prior to 2001, for a total of 136 companies.
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