Oxford Nutrascience
www.oxfordnutrascience.comProfil
Oxford Nutrascience specialises in developing and commercialising proprietary delivery systems for medicines and supplements using nutraceutical and taste masking technology. Their systems are designed to deliver superior taste and mouth feel, to be convenient to take and administer and in some applications may additionally provide nutritional benefits.
Oxford Nutrascience's formats include liquid suspensions and gels, chewable tablets and chewy confectionery with applications in medicine, supplement and functional food ingredient delivery. Their formats are ideal for the elderly or children who often have trouble with solid formats such as tablets, pills or capsules.
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Unternehmensstrategie und – daten:
Overview
Founded in February 2008 by a team of entrepreneurs with former corporate experience in consumer healthcare, we have established a platform of core technologies and products by acquisition, in-house development and in-licensing.
We operate from the United Kingdom working with a range of partners in pharmaceutical technology, drug delivery science, regulatory and manufacturing to provide a full product development solution.
ONG's business strategy is focused in the following areas:
Science In-licensing and patent development.
We have relationships with a number of high calibre Universities across the world and in particular Oxford University. Our expertise is in taking leading edge pharmaceutic and drug delivery science and adapting it for specific pharmaceutical product development. This way we work closely with the science to develop and patent unique product applications and formats.
We have a patent granted in the UK for high fibre soft chews as a delivery system for supplements and medicines and expect the European application to be granted shortly. We have also published patent applications for our unique chewable tablet and liquid suspension systems. We are continually working on new patents for specific format and therapeutic areas.
Development & Licensing of CTM dossiers
We use our patented and licensed technologies to develop full CTM dossiers which we then offer to relevant pharmaceutical companies under license, royalty and supply agreements.
We focus this work on sectors with a strong consumer or patient need so we can bring the products to market quickly. Our first products to market will be;
- 200mg and 400mg Chewable ibuprofen tablets using our fully taste masked ibuprofen technology and possible improved gastric benefits.
- 400mg ibuprofen per 5ml suspension, the first dosage for an adult ibuprofen suspension, again totally taste masked and possible gastric benefits.
We are putting in place a full technical dossier for the manufacture and supply of these products using chosen manufacturing partners. The products will be available for supply through our manufacturing partner or potentially made available under license for manufacture elsewhere via a license variation.
We are also working on a pipeline of products further exploiting the advantages of our drug delivery platforms and our new scientific licenses.
Technology licensing
In addition to developing and marketing our own dossiers we work with branded pharmaceutical companies to develop innovative new products for generic and soon to be off patent API's to provide differentiated products to compete with price driven generics. Identifying patient and commercial needs we work closely with the pharma company under a technology and royalty license to put together the full CTM for the new product, including where necessary any clinical studies.
Our technology is made available alongside agreed development and sales milestone payments and offered to the pharma partner for exclusive marketing incorporating our patent protection thereby extending their own protection for the now (or soon to be) generic API.
We also offer our technology to contract manufacturers to bring their own supplement products to market.
We are proud to offer a unique service by bringing together leading edge university science with leading edge product development to meet patient and market needs.
Sales and Marketing of Food Supplement Products
We also supply our own branded soft chew supplement products under the Ellactiva® and Chewyz™ brand which we offer as an export opportunity for distributors across the world. In addition we can supply bulk product under a private label arrangement with partner brands. The products leverage proprietary formulation and manufacturing know-how and our patent for the soft chew delivery format. We operate an out-sourced supply chain via contract manufacturing partners in Europe and a contract packer in the United Kingdom.
Aktuelle Tätigkeiten:
Our Delivery Systems
Functional Chewy Confectionery
Soft chews are an excellent format for supplements as the chewing process itself may help the delivery of the functional ingredient and are convenient and pleasant to take.
Soft chews are made by balancing the use of crystallising sugars (sucrose) with reducing sugars (glucose syrup) and adding minerals or functional ingredients to chews can lead to grittiness or poor texture as the added ingredients can change the balance and promote crystallisation. The taste benefits of using a chew can also be outweighed by the chew being high in sugar and fat which offsets the health benefits of fortification.
We use a unique blend of non-digestible fibres to reduce the sugars and fat traditionally used to make chews and to provide for improved organoleptic properties..
As a result, our unique fortified chew is reduced in sugar and fat, high in fibre yet with the same soft texture as traditional chews.
Tests on dissolution have demonstrated significant improvements in dissolution of our soft chews compared to standard tablets and traditional chewable tablets.
Taste Masking
Working with researchers at the University of Oxford's world re-known chemistry department, the company is developing novel pharmaceutical technology that provides for outstanding taste masking for a broad range of pharmaceuticals including major drug categories such as NSAIDS and statins.
The technology is based on layered double hydroxide materials (LDHs) used as a carrier for the API. LDH's are a family of layered materials consisting of positively charged layers with charge balancing anions between the layers. Numerous studies of LDH systems have demonstrated their ability to carry API's enhancing the stability of the guest molecules and also offering potential for controlled release. The company has recognised the ability of these materials to mask taste and ease formulation and has focused on enabling their manufacture economically at scale which has been a barrier for the uptake of the technology.
The Company has recently established proof of concept for superior taste masking of ibuprofen, which has removed the typical burning sensation on the throat of this active. Working with the University and an external CRO partner, the company is now developing the process to enable the manufacture of the taste masked active ingredient at industrial scale.
Soluble Fibre based Suspension System
Gels, syrups or suspensions are widely used delivery systems for a range of medicaments and nutraceuticals. The formulation of these pose a number of challenges including dispersing hydrophobic ingredients, maintaining stability and providing for acceptable organoleptic properties. Typically, formulations use a range of surfactant and stabilisers and also tend to have sugars or sweeteners added for flavour enhancement.
We have developed a proprietary suspension system for the delivery of medicines and nutraceuticals without the need for traditional surfactant and stabiliser ingredients. Our system not only has excellent suspendability but also is well preserved.
Importantly, given the ability of the system to effectively wet and disperse hydrophobic ingredients this is based on a simple base formulation that can be manufactured via a one step mixing process which is much simpler and more cost effective.
The system is an ideal delivery vehicle for medicines for children or medicines that require liquid suspension delivery. It is ideally suited for difficult to suspend or poor tasting ingredients such as ibuprofen and paracetamol.
Chewitabs
Dysphagia is a common problem for children and the elderly, so taking tablets is commonly perceived as an unpleasant event. Responding to this many medicines and vitamins have been introduced in either a chewable tablet or orally disintegrating form. Chewitabs™, are our proprietary chewable tablets. Chewitabs™ produce a light crunch when bitten and then dissolve quickly in the mouth and therefore can be taken without water. They are well suited for convenience driven OTC medicines (such as analgesics, allergy treatments, digestive aids) and medicines for the elderly as well as vitamins and supplements.
Chewitabs™ can be manufactured using standard tablet compression equipment and pressures and come in a range of sizes to allow for different doses of ingredients to be incorporated.
Studies have been preformed to demonstrate increased dissolution from our chewable tablets when compared to standard chewable tablet technology such as Maltodextrin and mannitol.
Management
Marcelo Bravo, Executive Chairman
Marcelo Bravo is a founder of Oxford NutraScience Limited and an entrepreneur with a background in chemistry and chemical engineering and international experience with blue-chip companies. Marcelo spent 16 years in R&D with The Procter & Gamble Company and subsequently spent 3 years in corporate development with Boots (now Boots Alliance Plc). After this he became an entrepreneur and most recently was CEO and Board director of Oxford Advanced Surfaces Group Plc, a company he led from inception as a spin-out from Oxford University which is now quoted on the AIM market. Marcelo has extensive experience in developing, launching and growing new products and businesses across a range of both geographic and product markets. Marcelo holds a B.A. in Chemistry from the College of Wooster, USA and a B.Sc. in Chemical Engineering from Case Western Reserve University, USA and an M.Sc in Management from the London Business School.
Nigel Theobald, Chief Executive Officer
Nigel Theobald has a background in marketing and product development in the OTC consumer healthcare market as well as considerable business development experience with blue chip companies. Nigel worked for Boots (now Boots Alliance Plc) for 13 years in a number of commercial and strategic roles including Category Manager for OTC Medicines and Head of Healthcare Brand Development. Nigel set up a consultancy to advise ingredient technology firm Alltracel to launch new products and establish commercial partnerships and worked closely with established health care brands prior to setting up Omscan Ltd, a consumer healthcare production distribution business in the UK, which he sold in 2008. Nigel holds a B.Sc in Economics from Southampton University.
Mike Bretherton, Finance Director
Michael Bretherton graduated in Economics from University of Leeds in 1978. He worked as an accountant and manager with PriceWaterhouse for seven years in both London and the Middle East. He subsequently worked for The Plessey Company Plc before being appointed finance director of the fully listed Bridgend Group Plc in 1988 where he was involved in the strategic evaluation and commercial implementation of a broad range of business initiatives over a twelve year period. More recently he has worked at the property and services company, Mapeley Limited as financial operations director and then at the entertainment software games developer, Lionhead Studios Limited, in 2002 where he helped to complete a Venture Capital syndicate funding and also a trade sale of the business to Microsoft in 2006. Michael is currently an executive director of ORA Capital Partners Limited and is also a director for a number of other AIM quoted companies.
James White, Non Executive Director
James White has extensive experience in operations, product development, regulatory, sales and marketing and general management. James worked for Osmetech Plc for 11 years in a number of senior positions including as Chief Executive for the period 2000 to 2009. Osmetech has operations in the UK and USA and is focused on providing molecular diagnostic technologies through a global sales distribution network. James has a track record of mergers and acquisitions, disposals and fundraising in the UK, USA and Europe and was previously a senior consultant in Arthur D Little's corporate finance practice where he specialised in advising on investments in small and medium sized companies.
Hauptaktionäre
Major Shareholders
As at 28 July 2010, shareholders holding more than 3% of the share capital of Oxford Nutrascience Group plc were
Name of shareholder | Percentage of total voting rights held |
Ora (Guernsey) Limited | 34.89% |
David Norwood | 18.86% |
Marcelo Bravo | 13.47% |
Robert Quested | 9.19% |
David Richardson | 5.53% |
Richard Griffiths | 3.08% |
Click here for investor information
Updated 8th February 2011
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Kontakt
Oxford Nutrascience Group plc
Centre for Innovation & Enterprise
Oxford University Begbroke Science Park
Sandly Lane
Yarnton
Oxfordshire
OX5 1PF
United Kingdom
Te: +44 1865 854874
Unternehmensinformationen
Nominated Adviser and Broker
ZAI Corporate Finance Ltd
12 Camomile Street
London
EC3A 7PT
Reporting Accountants
Baker Tilly Corporate Finance LLP
2 Bloomsbury Street
London
WC1B 3ST
Auditors to the Company
RSM Tenon Audit Limited
The Poynt, 45 Wollaton Street
Nottingham
NG1 5FW
Legal Advisers to the Company
Fasken Martineau LLP
4th Floor
17 Hanover Square
London
W1S 1HU
Registrars
Capita Registrars Limited
Northern House
Woodsome Park
Fenay Bridge
Huddersfield
HD8 0GA
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