Ardana Bioscience Ltd.
This article was originally published in Start Up
Executive Summary
A recent spin-off from the UK's government-funded Medical Research Council, Ardana Bioscience Ltd. has been set up to commercialize research into women's health. On its agenda are new products for underserved areas such as menstrual disorders and endometriosis; more convenient contraceptive drugs--including the male pill--and a product to ease childbirth. Rather than commercializing a specific patented technology, like most spin-offs, the company has the option to acquire rights to any technology generated by the MRC's Human Reproductive Sciences Unit in Edinburgh over the next five years.