Orbit Discovery Ltd (12850396): administration
- Status
- In administration
- Administration began
- 2026-07-20
- Administrators
- Sandra Lillian Mundy, Susan Rosemary Staunton
- Administrators' firm
- FRP Advisory
- Formerly
- Orbit Discovery 2020 Ltd
- Incorporated
- 2020-09-01
- Location
- Southampton
- Industry
- 72110 Research and experimental development on biotechnology
From the administrators' statement
The Company was incorporated on 01 September 2020 and its work included research and experimental development in the biotechnology field. It employed 30 staff from its premises located on the Botley Road in Oxford.
The Company was formed following a demerger/restructuring which resulted in two businesses; Orbit Discovery (the Company) and T-Cypher. T-Cypher retained ownership/ control of certain legacy Oxford University intellectual property and licensing rights. The Company subsequently operated the platform business which incorporated a licencing arrangement from T-Cypher for specific applications.
The Company business was to help pharmaceutical and biotech companies discover new drug candidates. Customers provided the Company with a biological target, such as a protein linked to cancer, inflammation or another disease, and the Company would use its technology to search for peptides that could bind to that target and potentially form the basis of a new drug treatment.
Administrators' statement of proposals (2026-09-21) · Companies House register