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Home > News > Funding problems too big for Cambridge nanotechnology firm

October 3rd, 2007

Funding problems too big for Cambridge nanotechnology firm

Abstract:
Cambridge nanotechnology firm, Akubio has appointed business advisory firm Baker Tilly to try to save the company after it was forced into administration in September.

The Cambridge University spin-out developed a portable and low cost, rapid response disease diagnosis device, aimed at helping doctors make instant and accurate diagnoses for diseases such as malaria and meningitis, but has come into financial difficulties after having trouble finding funding for continued development of its nanotech products.

It seems the company's website has already been taken offline.

Source:
nanowerk.com

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