OxtexDavid is the founding CEO of Oxtex Limted, an early stage medical device company that was spun out from the University of Oxford in 2011. To date the company has raised approximately £5m of equity funding and launched its first self-expanding tissue expander for veterinary use. A further three products for human use are scheduled for launch later this year. Based at the Witney Business and Innovation Centre the company has twelve employees and will be recruiting additional staff later this year.

David is an experienced entrepreneur with over 25 years’ experience in early stage technology companies, he has a proven track record of taking early-stage opportunities through to exit. His latest company, Oxtex Ltd is an early stage medical device company which was spun out from the University of Oxford in 2011. Before that, he was part of the senior management team that took Oxford Molecular Group, one of the first Isis spin out companies, through to a main market listing in 1994 and becoming COO in 1996.

Subsequently, he was the executive Chairman of FWPharma Systems Ltd, a management buyout company in clinical trials management software that was sold to Parexel Inc. in 2002. He was also a founder of Screen Science Ltd, a multi-media training company sold to the Adval group in 1998. David was also the startup Non-Executive Chairman of Brain in Hand Ltd, a company providing mobile device applications to help those with impaired executive brain function.

Creating wealth from a novel idea.

Not my idea – this was the product of reconstructive surgeons at the John Radcliffe hospital collaborating with scientists in the Department of Materials at the University of Oxford.

  1. Excellent inter-personal skills
  2. Good presenter
  3. Focussed determination

All of the above are needed to build a successful company

The sense of achievement as the company makes progress

Apple. They set their own standards and deliver a succession of innovative products

How they can innovate in such a large organisation.

Failure to make a decision usually ends in a mistake

Equity investment

Government Innovate programme

Good network of companies and relatively easy to recruit skilled people

Oxford business school

Starting a company is not for the faint hearted

 

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