Oxymem beats off international competition at IP Awards
7 October 2014 | 0
UCD spin-out OxyMem has won the overall award at the Intellectual Property (IP) Awards 2014. In addition the company also won the Tech IP Award.
OxyMem, which is based in Athlone, was co-founded in 2013 by Prof Eoin Casey and Dr Eoin Syron is commercialising a breakthrough technology to address the need for a more energy efficient aeration solution for wastewater treatment.
The company employs 24 people and plans to increase staff numbers to 35 within the next year.
Prof Casey said: “To win the Overall Excellence in IP award and to be acknowledged by our industry peers is a real honour for both me and also the team.”
Earlier this year OxyMem, an Enterprise Ireland client company, won the overall ‘Innovation of the Year’ Award at the 2014 Irish Times InterTradeIreland Innovation Awards. In June the company also won the first Water Innovation SME Award in Europe for Membrane Technologies.
Today, OxyMem will be one of nine European companies competing at the Academic Enterprise Awards. The Academic Enterprise Awards, now in their 6th year, are the only pan-European awards dedicated to spin-out companies emerging from universities and public research institutes.
OxyMem is shortlisted in the Green Award Category and is the sole Irish entry to make the shortlist. The Academic Enterprise Awards is run by Science|Business, headquartered in Brussels, Belgium.