Isis Innovation, the tech transfer unit for Oxford University, has established its 102nd spin-out for the institution which looks to build on developing links between Isis and China.
Oxford MESTAR primary activity will be to work with a team of consultants to screen biomedical technologies which could be transferred to the Chinese market. Its creation comes after Isis established a base in Hong Kong in 2009 which has led to the development of two joint venture: the Jinhui International Technology Transfer Centre in Luizhou, and the Changzhou Centre in the Jingsu Province.
Zhanfeng Cui, founder of MESTAR and Oxford professor, said: “Oxford MESTAR will provide a flexible platform to respond quickly and efficiently to the opportunities for medical and healthcare technologies in the Chinese market.”
Rakesh Roshan, technology transfer team leader at Isis Innovation, added: “We are delighted with the fact that Isis spin-outs continue to attract significant investment into the UK. Oxford MESTAR Limited has a novel commercialisation model, which will support technologies that may otherwise lack the necessary resources to reach the market.”
