Biotech company based at The Heath secures crucial funding investment

Press Release

Runcorn: July 15th, 2024: A new Biotech company based at The Heath Business and Technical Park has secured an investment from LYVA Labs Health and Life Sciences Fund for young technology companies based in Liverpool City Region.

Dr Rob Rule, co-founder of Entropix, an early-stage business which develops Enzymes for the manufacture of products including pharmaceuticals, diagnostics, detergents and food, says the funding will help the business to scale up and to commercialise its technology.

Last year Entropix landed an Innovate UK grant which enabled them to expand operations by moving to a bespoke laboratory at The Heath in Runcorn.

Dr Rule says: “The move to The Heath in October last year has been an essential part of the development and growth of our business. The facilities we operate from at The Heath were a crucial element that enabled us to secure investment from LYVA Labs. This investment provides us with the breathing space to focus on further developing our Enzymes technology and to finalise important commercial partnerships that we are currently negotiating.”

Dr Rule, who founded Entropix in 2021 with his associate Professor David Hornby, says The Heath Business and Technical Park is one of the few places in the UK, outside of universities, that has specialist laboratory facilities suitable for cutting-edge Biotech research and development.

“Finding a place like The Heath with the infrastructure and technical support network already in place is massively helpful and this is instrumental in our efforts to commercialise our operation,” he adds.

LYVA Labs was established with £11m from Liverpool City Region’s Combined Authority with the aim of driving innovation and economic growth by turning great ideas into high-growth business and creating partnerships to attract investment.

About The Heath:
The Heath Business and Technical Park is a phenomenal regeneration success story. Formed in 2000, its owner and operator, SOG Ltd, has transformed a once single occupancy corporate facility into a thriving independent business park. The Heath now provides office and laboratory accommodation for around 125 individual organisations, ranging from business services and IT specialists to those at the cutting edge of science, research and advanced manufacturing. The Heath supports around 2,000 jobs. For further information, telephone 01928 515988 or visit www.theheath.com

Issued on behalf of The Heath Business and Technical Park,
Runcorn, Cheshire, WA7 4QX – Part of the SOG Group

Media contact:
The Heath: Paul Smith Associates (PSA) 07771 623 007
E-mail: paul@paulsmithassociates.co.uk