Business
Collaboration with Galvani Bioelectronics
Collaboration with Galvani Bioelectronics.
About this update from Ilika Plc
[{"type":"text","content":"\n \nRNS Number : 3157Z Ilika plc 14 March 2017 \n\n \nIlika plc\n(\"Ilika\" or the \"Company\")\n \nIlika and Galvani Bioelectronics enter into collaboration in Bioelectronics Project\n \nIlika (AIM: IKA), a pioneer in materials innovation and solid-state battery technology, announces a two-year collaborative project with Galvani Bioelectronics to develop a solid state battery for miniature medical implants. Ilika's StereaxTM batteries have a high power density, a long battery life and they can be produced in miniature form, making them particularly suitable for these micro-devices. \n \nThis collaboration aims to deliver key components of bioelectronic devices, which have the potential to provide treatments for serious health conditions, through the body's own nervous system. \n \nThe £1.0 million development project is supported by funding of £0.7 million, which Ilika will receive from Innovate UK and the Medical Research Council.\n \nCommenting on this grant award, Graeme Purdy, Ilika CEO, said: \"This partnership with Galvani Bioelectronics, using Ilika's lithium-ion Stereax battery technology, may provide the potential to treat diseases that have so far been difficult to manage. Collaborations like this are critical to the delivery of advances in the field of solid state battery development.\"\n \n \nFor more information, contact:\n \n\n\n\n\nIlika plc \n\n\nwww.ilika.com\n\n\n\n\nGraeme Purdy, Chief Executive\n\n\nTel: 023 8011 1400\n\n\n\n\nSteve Boydell, Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nNumis Securities Limited\n\n\nTel: 020 7260 1000\n\n\n\n\nOliver Cardigan/ Paul Gillam /\n\n\n \n\n\n\n\nJames Black\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR Ltd \n\n\nTel: 020 7933 8780 / [email protected]\n\n\n\n\nPaul Cornelius \n\n\nMob: 07866 384 707\n\n\n\n\nLianne Cawthorne \n\n\nMob: 07584 391 303\n\n\n\n\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCJJMFTMBMBBFR\n ","length":5139,"tagName":"div"}]