Cymtox Wins Innovation Award 2011
Cardiff University's School of Biosciences was recently awarded an Innovation Prize for the ongoing collaboration with Cymtox Ltd. previous work led to the development of the Cymtox Continuous Toxicity Monitor allowing a fluorescent signal to indicate changes in water quality and utilising natural bioluminescence in bacteria.
Patents were filed on the technology, and further funding awarded from the Cardiff Partnership Fund and Welsh Assembly Government. Cymtox Ltdn is now a subsiduary of Modern Water with the first commercial revenues resulting from the technology were received and continued to grow over the past 12 months.
Executive Chairman of Modern Water Mr Neil McDougall:
"The Cymtox team, led by CEO Nicki Randles, has done a fantastic job in commercialising the technology and particularly in winning orders for China, the world's fastest-growing major economy."
"I would also like to thank Cardiff University for their commitment and dedication in supporting this development. With its key benefits of safeguarding water supplies and detecting water-borne pollution, the Cymtox Continuous Toxicity Monitor is an important and complementary part of our portfolio. We look forward to working with the Cymtox team to develop the market, bringing continued success and further sales to Cymtox and Modern Water."
The team has continued their success by winning the collaborative Innovation award 2011 at the annual Innovation Awards. Further information on both the award and the technology is available: