University of Sheffield spin-out company helping to secure the future of UK chemistry
Formed with input from industry leaders, the spinout, Redbrick Molecular Ltd, will partner closely with universities to identify commercially valuable chemistry before licensing and manufacturing compounds for use in industrial drug discovery research and development. The company will then dedicate all its profits to support further UK chemistry research through grant funding projects at its member institutions.
The company will sit perfectly at the interface between industrial customers and universities to facilitate collaboration and knowledge exchange, providing added value for all parties.
This is a great opportunity to showcase the innovative science going on in UK chemistry departments and to clearly demonstrate the commercial impact at an international level.
Professor Simon Jones
Professor of Chemistry
Professor Dave Petley, Vice-President for Research and Innovation at the University of Sheffield said: “Universities are always seeking novel ways to translate research into industry-ready tools. I am delighted that Sheffield is a partner in Redbrick Molecular’s pioneering approach to commercialisation, which is inspirational and offers an innovative way to fund future academic research.”
Professor Simon Jones, Professor of Chemistry at the University of Sheffield and member of the Science Advisory Group said: “This is a great opportunity to showcase the innovative science going on in UK chemistry departments and to clearly demonstrate the commercial impact at an international level.”
Andy Hogben, Managing Director of Redbrick Molecular said: “Redbrick is specifically designed to act as a conduit between academic and industrial research. We focus on delivering industrial-grade products that are attractive to medicinal chemists working in research and development whilst supporting our academic partners to develop exciting new chemistry.”
Redbrick Molecular’s unique business model was conceived with input from industry leaders and academics alike who wished to improve and secure chemistry research in the UK, and see this research used to develop life-saving medicines.
The venture was conceived with significant input from Professor Simon Jones (University of Sheffield) and industrialist Dr David Lathbury and is now further supported by the world leading expertise of Professors Joe Harrity (University of Sheffield), Steve Marsden and Adam Nelson (both of University of Leeds), among others. The company will actively seek to build on this base by forming relationships with other Higher Education Institutions as both licensors and future company members.
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