The universities of Sheffield and Leeds have launched a new spinout, Redbrick Molecular, that will market specialty chemicals.
Redbrick Molecular, a UK-based specialty chemicals producer, was spun out of the universities of Leeds and Sheffield today.
The spinout will sell building block and scaffold chemicals, created from synthetic methodologies and aimed at industrial drug discovery research and development. The chemicals are licensed from partner universities.
Redbrick Molecular has been set up to donate all profits back to the funding of academic research in chemistry. It will achieve this by grant funding projects at its member institutions.
The spinout…
