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Cansford founder joins Prime Minister's trade mission to Brazil

The founders of a cutting-edge life sciences business with headquarters in Cardiff Medicentre are reflecting on their role in Prime Minister David Cameron’s recent trade mission to Brazil.

Cansford Laboratories which is based at the medtech and biotech incubator Cardiff Medicentre was invited to join the business delegation, led by Trade and Investment Minister Lord Green, accompanying the Prime Minister on his visit to strengthen links between Britain and Brazil.

The business which has pioneered techniques for quicker, more effective testing of hair samples for evidence of drug and alcohol misuse opened a sister laboratory, Chromatox Limitada, in Brazil earlier this year.

As part of the trade mission, the UK’s Minister of State for Universities and Science David Willetts led a visit to the Chromatox lab. The delegation (pictured below) which included Cansford Laboratories founder Dr Lolita Tsanaclis, members of the British Embassy and Professor Colin Riordan, Vice-Chancellor of Cardiff University, was given a guided tour of the facilities and a detailed explanation of the existing and potential benefits of hair testing and its various applications.

UK companies win Brazilian contracts as PM launches Brazil trade drive.

Welsh business shines on PM’s trade mission.


Commentary

Dr Mark Bowman, Director of Innovation at Cardiff Medicentre, said “It’s great to see Cansford play its part in this important UK trade mission to Brazil."

He added “From day one we had very high hopes for the business which has, in John Wicks and Lolita Tsanaclis, two very experienced and driven leaders. They are a shining example of what business incubation is all about.”

For all Cardiff Medicentre media enquiries, please contact:

Carina Phillips
T: 07815 058283
E:carinaphillips@ntlworld.com

Notes to editors

About Cardiff Medicentre

Cardiff Medicentre is a dedicated incubator for biotech and medtech startups. The facility is set in the grounds of the University of Wales Hospital and is a neighbour to Cardiff University’s School of Medicine.

Established in 1992, Cardiff Medicentre is a joint venture between Cardiff Council, Cardiff University, the Welsh Government and Cardiff & Vale University Health Board. It was the first incubator of its kind in the UK and now provides 32 units of high quality office and lab space accommodation ranging from 284 sq ft to 1,045 sq ft. Low-cost desk leasing facilities are also available to encourage entrepreneurs to enter the Cardiff Medicentre community while writing business plans and raising finance.

Tenants at Cardiff Medicentre benefit from specialist support in establishing and growing their businesses. Their aim, and the aim of the Cardiff Medicentre management team, is graduation – the process of tenant businesses outgrowing the incubation facilities and moving into their own follow-on space, or being acquired.

Examples of successful graduate companies

  • Q Chip Ltd (completed $6 million venture capital investment round in 2011)
  • Cardiff Bioanalytical Services Ltd (acquired by LGC Ltd in 2010)
  • Cardiff Research Consortium (acquired by Capita Group plc for £11.6 million in 2009)
  • BioDynamics Research Ltd (acquired by Quotient BioResearch Ltd in 2008)
  • TrichoTech Ltd (acquired by Concateno plc for £11.25 million in 2007)
  • OnExamination Ltd (acquired by BMJ Group in 2007)

Published on Mon, 15th Oct 2012

 
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