University of Queensland revealed it has generated more than 100 spinouts since 1988, with probiotic drink manufacturer Perkii becoming number 100 in 2016.
UniQuest, the commercialisation arm of University of Queensland, has marked the incorporation of more than 100 spinouts since it was founded twenty years ago.
The milestone was reached with the formation of Australia-based probiotics manufacturing spinout Perkii in 2016, but UniQuest has only now announced its achievement officially.
Perkii develops probiotic drinks formulated with bacteria beneficial to the gut, using a micro-gel additive called Progel invented by an eponymous company also spun out from Queensland.
The company attracted A$4m ($3m)…
