University spin-out sets up in Kent
| Sittingbourne: Tuesday, 22nd November 2011 ToxiMet, a spin-out company from the University of Greenwich, moved to Kent Science Park in September after their successful development work led to them needing a bigger workspace. Founded by Professor Raymond Coker in 2005, ToxiMet is on course to be a major player in the multi-billion dollar food safety testing industry. The ToxiMet T System is the first product that's in development and will be used to accurately measure the levels of mycotoxins present in selected foods, in order to reduce the impact of these potent fungal toxins on human and animal health, and to satisfy stringent regulatory and trade specifications. Paul Comyn, ToxiMet's Chief Financial Officer, said: 'We are thrilled that ToxiMet has reached the size in our development to warrant relocating to more specialist premises and Kent Science Park was the ideal location, due to its experience at hosting scientific businesses that require tailored laboratory space. We hope that 2012 will be a very successful year for ToxiMet and will offer us the opportunity to grow even further.' James Speck, Site Director at Kent Science Park, said: 'We re pleased to welcome ToxiMet on site at Kent Science Park. They are a rapidly growing business that will surely thrive in 2012 and beyond. The fact that they are a spin-out company from the University of Greenwich is especially significant for us, as it further cements our links with local universities and continues to establish us as the home for developing businesses in the area.' |