Owlstone Medical

One of the biggest obstacles to improving mortality rates for diseases such as cancer, which affects one in every two people, is late diagnoses. The Cambridge company, was spun out of chemical detection firm Owlstone in 2016 by Billy Boyle, 40. It makes a breathalyser that detects cancerous cells and can spot the disease earlier and at a lower cost than existing alternatives. Its mission is to save 100,000 patients’ lives and save health care providers $1.5bn a year. Its Breath Biopsy products are being used by GSK and AstraZeneca to identify breath-based biomarkers to support their therapeutic development programmes. It has raised a total of £56m, including £38m in a funding round in October, and investors include Horizon Ventures, Aviva Ventures and Foxconn Technologies Group.

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Company details
Year2018
CompanyOwlstone Medical
ActivityDiagnostic breathalyser developer
LocationCambridge
Founded2016
Websitewww.owlstonemedical.com

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