Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


Izon Science secures investment for expansion

Izon Science secures investment for expansion

Christchurch, NZ and Oxford, UK, 20 February 2014 – Izon Science (www.izon.com), a global leader in accurate nanoparticle analysis, today announced it has completed a £1 million (NZ$2.0m) funding round in the UK.

In conjunction with the investment, Izon’s global headquarters are being transferred from Christchurch to the Oxford Science Park, UK where an Izon subsidiary has been operating since 2010. Hans van der Voorn, Izon’s Executive Chairman is now based there.

Izon is also appointing two UK-based board members: Alex Hambro, who is also non-executive chairman of AIM-listed Judges Scientific plc, and Mark Rowan, who is also a non-executive director of AIM-listed Imperial Innovations Group plc. Izon is itself expecting to list on AIM in due course.

Izon has also appointed Stephen Dawson as its CFO, based in Oxford. Stephen has an undergraduate science degree and is a Chartered Accountant with extensive experience in CFO and CEO roles in large and emerging UK based exporting companies.

“The establishment of the corporate headquarters in the UK allows us better access to European and North American markets and reflects the reality of a more favourable capital raising environment in the UK for global science companies,” says van der Voorn.

The company plans to double the size of its UK team this year to support the move. Manufacturing and R&D will continue in Christchurch, where staff numbers are being boosted in line with the company’s overall expansion plans.

“The increased capital and market access enabled by the move to Oxford has allowed us to take on more staff in order to expand the product portfolio and to increase business with our key suppliers in Christchurch,” adds Van der Voorn.

Izon’s patented technology, Tunable Resistive Pulse Sensing (TRPS), offers the most accurate series of nano and microparticle analyses for advanced biomedical applications. Nanomedicine development, extracellular vesicles and viruses are all important and growing areas of interest.

Fine-scale control and monitoring of the forces acting on particles as they pass through a nanopore allows the size, count and charge of particle samples to be probed with higher resolution and accuracy than other technologies. The detailed nanoscale measurements are also generating new tools for quantifiable bio-analysis.

The company has developed three instruments that it currently sells into life science research and product development markets:
• the qNano, Izon’s flagship product for nano- and micro-particle measurement;
• the qViro-X, dedicated for virus and vaccine analysis; and
• the qMicro, designed for analysis of cellular samples and injectable drugs.

Van der Voorn says that Izon’s strengthened European presence will also allow it to focus on collaborations that accelerate product development and application development. “The sensitive detection capabilities of TRPS are just beginning to be exploited. We work closely with our customers to solve their analysis problems and that typically leads to the generation of new ideas.”

To further support its expansion, Izon is planning to open offices in China, Germany and India. The company is also opening a second US office in San Diego, CA to add to its facility in Cambridge, MA which has been operating since 2011.

About Izon Science:
Izon Science designs and manufactures precision instrumentation for nano- and micro-scale particle analysis. Izon originated in New Zealand and now sells its products in 36 countries. Izon’s global headquarters are located in Oxford, UK. The company also has a US headquarters in Cambridge, MA, and an R&D and manufacturing facility in Christchurch, NZ.http://www.izon.com

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Net Annual Migration Passes 71,000

A record 71,300 more migrants arrived in New Zealand than left in the January 2017 year, Statistics New Zealand said today. This surpassed the previous annual record set in December 2016. More>>

ALSO:

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news