CPR Pharma Services Pty Ltd, a spin-out from the University of South Australia, commenced trading in April 2009 after attracting funding of $2.5m from Terra Rossa Capital, ITEK Pty Ltd, and the South Australian Innovation and Investment Fund.
CPR was founded by UniSA in 1996 as the Centre for Pharmaceutical Research undertaking research activities as part of the School of Pharmacy and Medical Sciences. As CPR’s activities expanded with an increasing focus on consulting services, a decision was made to spin-out the business to attract new investment and facilitate further growth.
Located at the BioSA Incubator, CPR employs 32 staff and offers specialised services supporting drug development for the biotechnology and pharmaceutical industries.
UniSA’s commercial arm, ITEK, has recently welcomed John Grace as its new Chairman, bringing extensive experience in the commercial development of leading-edge science, specifically biotechnology.
He is currently the director of iBIO Pty Ltd Consultancy, providing advice to clients in research commercialisation particularly in the biotechnology industry. He is also a member of the Council of the Australian Institute of Marine Science and a Vice President of the Academy of Technological Sciences and Engineering.
Mr. Grace said he was looking forward to being part of the ITEK and UniSA team. “The University of South Australia is a dynamic organisation and ITEK is one of the few successful commercialisation companies of Australian universities,” he said.
Microsoft Gold Certified Partner Calvert Technologies has invested in “greening” its operations by buying a Mercedes smart car to reduce carbon emissions produced by its staff making service calls.
Calvert has purchased the Mercedes smart fourtwo coupe, powered by a new micro hybrid drive (mhd). The $25,000 car is driven by Calvert’s field technicians, who attend client sites to install new equipment and address issues that cannot be resolved remotely
Managing director Dean Calvert said the new car handled very well. “The decision to buy the smart car was driven by a beautiful blend of pragmatism and idealism,” he said.