HexisLab, based at the Helix, was awarded £490.00 by Innovate UK

HexisLab, a UK-based biotechnology company, has received a £490,000 grant from Innovate UK to develop a large-scale manufacturing process for its novel sustainable and eco-friendly ingredients.

Based at The Catalyst at Newcastle Helix, the company received funding in partnership with Teesside University from Innovate UK – part of UK Research and Innovation.

HexisLab researches and develops its own products and provides contract research services for leading global companies. Using its award-winning artificial intelligence (AI) discovery platform, HexisPro.X, HexisLab can quickly identify new sustainable ingredients with unique benefits, reducing the time and cost of developing a new product in the cosmetic, personal care and pharmaceutical industries.

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The funding will be used to advance HexisLab’s research on sustainable ingredients using synthetic biology techniques. HexisLab’s goal is to develop new biological ingredients that have a lower environmental impact than traditional synthetic or animal ingredients commonly used in the cosmetic, personal care and pharmaceutical industries.

The collaboration with Teesside University and BiBerChem Research combines HexisLab’s cutting-edge expertise in the AI ​​discovery process with Teesside University’s research in synthetic biology.

The partnership will enable the development of new biotechnologies and processes to produce sustainable ingredients that meet the growing demand for eco-friendly alternatives.

“We are delighted to have received this funding from Innovate UK, which will enable us to further advance our research into sustainable ingredients using synthetic biology,” said Dr. Olusola (Sola) Idowu, CEO of HexisLab.

“This collaboration with Teesside University brings together our complementary strengths and expertise and we look forward to the results of our joint efforts in this important area.”

The project is expected to have a significant impact on the cosmetics, personal care and pharmaceutical industries by providing sustainable ingredients that are not only environmentally friendly, but also meet consumer demand for natural, safe and effective products.

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Associate Professor Dr. M. Safwan Akram, from Teesside University’s National Horizons Centre, said: “We are delighted to be collaborating with HexisLab on this project which has the potential to revolutionize the cosmetics and personal care industry. It is our moral responsibility to move this project forward. Achieve the net zero goal.”

“This project demonstrates the importance of collaboration between academia and industry to develop innovative solutions that can have a positive impact on society, businesses and the environment.”

dr Olusola (Sola) Idowu added: “This project will support the economic prosperity of the Tees Valley region and enable us to achieve our goals as a manufacturer of high quality materials and help advance the circular bioeconomy for international exports.”

“The global beauty and personal care market is expected to grow from US$483 billion to US$784 billion by 2025, with nearly 70 percent of consumers demanding customized and sustainable products with eco-friendly formulation. We see a significant market gap in developing new products that meet consumer needs without increasing carbon costs and risk to the environment.”

https://www.thenorthernecho.co.uk/news/23528310.hexislab-based-helix-awarded-490-00-innovate-uk/?ref=rss HexisLab, based at the Helix, was awarded £490.00 by Innovate UK


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