# \(NU/1433-27\) iFAST: The Provision of Business Consultancy to Assist Commercialisation of University Research\.

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Newcastle University](/buyers/newcastle-university/contract-awards)
- Contract winner: J & T King Consulting Ltd
- Award value: £30,000
- Tender value: £30,000
- Award date: 12 January 2022
- Published: 19 January 2022
- Contract start: 17 January 2022
- Contract end: 31 July 2022
- Stage: awarded
- Procurement category: services
- Notice ID: cebf5291-557e-4009-87f5-4dbbcebf3015-502126
- OCID: ocds-b5fd17-ad8a281b-65a6-44c2-83f8-fc1edc16ee49

## Description

The emergence of bacteria that are resistant to antibiotics is a growing public health problem\. In 2015, there were nearly 700,0000 antimicrobial resistance \(AMR\) infections in the EU, accounting for 33,000 deaths and 900,000 disability-adjusted life years \(DALYs\) \. In fact the impact of AMR is similar to the combined burden of influenza, tuberculosis, and HIV, and the global increases in healthcare costs is forecast to range from $300 billion to more than $1 trillion per year by 2050\. We have developed a breakthrough technology that delivers an antibiotic resistance test result in 1 hour\. The technique rapidly measures phenotypic changes in bacteria after exposure to antibiotics\. The objective is for the Executive \(CEO Desig\) to jointly work in a team with all above named individuals to bring the opportunity towards and ultimately achieve launch of a new spinout company\.

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- [\(NU/1853\) Main Contractor for CAV Site Demolition Services](/contracts/ocds-b5fd17-ed9b84c1-7621-4dae-bc1b-0f171a375675): Newcastle University
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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/cebf5291-557e-4009-87f5-4dbbcebf3015-502126)