Antenova of Cambridge, UK, a developer of smart antenna for accessing mobile location-based services, said is targeting a flotation on the AIM market of the London Stock Exchange in 2007.

The UK government has announced the formation of two further Enterprise Capital Funds, one more than it intended to set up in the first phase of the programme.

The EU's attempt to reduce the amount of animal testing became more concrete last week with the publication of an action programme.

Mista Ltd is looking for funding and publishers for its software, which allows users to create virtual guided tours.

Battery capacity has been blamed for holding back innovation in many fields, from renewable energy to mobiles. Now nanotech is providing the answer.

The Cambridge-MIT Institute has spun out its Communications Research Network project as a company to step up the pace of innovation in communications.

Economic disparity across Europe's regions can be linked directly to investment in research and development and adoption of information technologies, says an official report.

Funds should start flowing at the start of 2007 in the €50 billion Framework Programme 7 after the European Parliament approved the budget.

York University's Centre for Novel Agricultural Products has won a grant from the Bill & Melinda Gates Foundation to complete research into an antimalarial plant.

Novartis’s move to take over UK biotech NeuTec Pharma at a large premium highlights how the so-called “superbugs” have reinvigorated pharma’s interest in antibiotics.