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18 November 2004
Oxford Diffraction Raises Expansion Funding.
Oxford Diffraction Limited secures expansion funding from existing investors TTP Ventures and a new investor Enterprise VCT plc (advised by Noble Fund Managers).

11 September 2004
Universität zu Lübeck to use an Oxford Diffraction Xcalibur PX Ultra system for Crystal Structural Studies of SARS Virus Proteins
The Institut für Biochemie at the Universität zu Lübeck, Germany, acquires an Xcalibur PX Ultra system to accelerate its structural biology programme focusing on the SARS virus

26 August 2004
Oxford Diffraction launches GEMINI – the complete service diffractometer – at ECM22
Oxford Diffraction Limited launched its new “Gemini” product at the European Crystallographic Meeting (ECM22) in Budapest this week. Gemini's defining features are co-mounted molybdenum and copper X-ray sources.

12 July 2004
R&D magazine have announced Oxford Diffraction's Xcalibur PX Ultra protein crystallography system as one of 2004's top 100 technologically significant new products and winner of the prestigious ‘R&D 100’ award.

24 June 2004
The Structural Genomics Consortium in Oxford becomes a protein crystallography reference site for Oxford Diffraction
The Structural Genomics Consortium (SGC) in Oxford, UK, has agreed to become the local reference site for Oxford Diffraction Limited for its novel Xcalibur PX Ultra protein crystallography product.

1 November 2003
Oxford Diffraction relocate to new premises
Due to ongoing rapid growth, Oxford Diffraction Limited has moved its head offices to a smart new site in the Oxfordshire region.

22 May 2003
Oxford Diffraction Launch Platinum Level US Reference Site for Crystallography at Virginia Tech
The current “Gold Level Reference Site” at Virginia Tech will now be promoted to the top “Platinum Level”, with the installation of a third Xcalibur, the innovative new Xcalibur PX Ultra.

15 September 2003
Johann Wolfgang Goethe-Universität, Frankfurt, becomes German reference site for Oxford Diffraction
The Institute of Minerology/Crystallography at the Johann Wolfgang Goethe-Universität, in Frankfurt am Main, become a Silver reference site for recently launched Xcalibur 3 single crystal X-ray diffractometer.

21 January 2003
Oxford Diffraction Limited Announce Collaboration with York Structural Biology Laboratory to Evaluate New Protein Crystallography X-ray Diffractometer
The York Structural Biology Laboratory (YSBL) and Oxford Diffraction Limited have today signed a heads of agreement to evaluate a new X-ray diffractometer, “Xcalibur PX Ultra”, intended for protein crystallography.

11 October 2002
Oxford Diffraction Launch Gold Level US Reference Site for Crystallography at Virginia Tech
Virginia Tech agrees Gold Reference Site with Oxford Diffraction as high profile US demonstration facility for single crystal diffractometers.

12 November 2002
Swiss Norwegian Beamline Purchase New Large Area CCD Detector for Six-Circle Synchrotron Diffractometer from Oxford Diffraction Limited
SNBL based at the ESRF synchrotron purchase the “ONYX” large-area CCD to mount on their six-circle diffractometer. The detector will be used for a variety of applications in single-crystal diffraction including protein crystallography.

10 September 2002
Oxford Diffraction launches Xcalibur PX – a compact and cost-effective macromolecular crystallography system
Oxford Diffraction Limited recently launched the “Xcalibur PX” single crystal diffractometer at the XIX IUCr meeting, held in Geneva in August. The Xcalibur PX system marks the entry of Oxford Diffraction Limited into protein crystallography.

7 March 2002
Crystal Cooling to <15 Kelvin : Oxford Diffraction's Helijet put through its paces at the ESRF, Europe's leading Synchrotron
ESRF demonstrate the Helijet's unique technical specifications that allow cooling of single crystals in X-ray diffraction to less than 15 Kelvin.

30 March 2001
Venture Funding for Oxfordshire spin-out to uncover the structure of molecules and proteins
Nearly two million pounds of new equity investment has been injected into an Oxfordshire company formed from a partnership including Oxford Instruments and TTP Ventures.
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18 November 2004

Oxford Diffraction Raises Expansion Funding.

Oxford Diffraction Limited secures expansion funding from existing investors TTP Ventures and a new investor Enterprise VCT plc (advised by Noble Fund Managers).

Oxford Diffraction Limited has secured expansion funding from existing investors TTP Ventures and a new investor Enterprise VCT plc (advised by Noble Fund Managers). The round represents a significant uplift in valuation on the previous round of funding.

Oxford Diffraction was formed in 2001 and has grown strongly since its first round of investment, rapidly increasing its market share in the fields of chemical and protein crystallography in both Europe and North America. The company will employ the new funding to accelerate its expansion and also to help fund the development of future products. Paul Loeffen, chief executive of Oxford Diffraction, said “I am delighted that we have secured this funding as it will enable us to build on the exceptional growth that we have seen in the past few years by further improving our offering and service to customers”.

TTP Ventures is a Cambridge-based venture capital fund that specialises in early stage technology based companies. Jonathan Pearce, who is a Director of Oxford Diffraction, and worked on the deal for TTP Ventures said “Oxford Diffraction has made excellent progress since our initial investment. The success of their products, which are the most innovative and cost effective in the market, have helped propel the company into profitability. The new funding will help the company build on this momentum”.

Enterprise VCT plc is a Venture Capital Trust advised by Noble Fund Managers, the fund management arm of Noble Group. Noble Group is an employee owned investment bank based in Edinburgh and London. Doug Fleming worked on the deal for Enterprise VCT plc and said “We are very pleased to have the opportunity to invest in Oxford Diffraction. With a market leading product and significant installed base the management team have put in place a great platform for future growth.” TTP Ventures

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