Bio-tech company gets a cool couple million

commonwealthbiotechnologiesCommonwealth Biotechnologies Inc sold intellectual property rights to an Australian-based company, Biosignal, and got a $2.6 million payday in return.

Biosignal purchased the rights to a biofilm disruption technology buy buying stock in CBI.

Think of biofilm as ice on your windshield. It forms on your windshield and makes the vehicle inoperable until it’s removed. Biofilm works like that only it inhibits the growth of organisms that can be later used in medical technology such as pharmaceuticals.

From an article in Tech Journal South.

The biofilm technology is based around a family of natural products which disrupt bacterial colonization and thereby inhibit growth. Such biofilm disrupters are expected to be commercialized to support a variety of medical and industrial applications.

See more coverage of CBI here.

David Larter covers health care for BizSense. Please send news tips to [email protected]

commonwealthbiotechnologiesCommonwealth Biotechnologies Inc sold intellectual property rights to an Australian-based company, Biosignal, and got a $2.6 million payday in return.

Biosignal purchased the rights to a biofilm disruption technology buy buying stock in CBI.

Think of biofilm as ice on your windshield. It forms on your windshield and makes the vehicle inoperable until it’s removed. Biofilm works like that only it inhibits the growth of organisms that can be later used in medical technology such as pharmaceuticals.

From an article in Tech Journal South.

The biofilm technology is based around a family of natural products which disrupt bacterial colonization and thereby inhibit growth. Such biofilm disrupters are expected to be commercialized to support a variety of medical and industrial applications.

See more coverage of CBI here.

David Larter covers health care for BizSense. Please send news tips to [email protected]

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

1 Comment
oldest
newest most voted
Inline Feedbacks
View all comments
John Dick
John Dick
15 years ago

Your article on CBI and Biosignal is all upside down. You need to re-read the announcement. Regards