KIWI CLEAN TECH COM­PANY HEAD PROMOTES BIOTECH

NZ Business - - CONTENTS -

DR SEAN SIMP­SON, founder of Lan­za­Tech, one of New Zealand’s most suc­cess­ful biotech com­pa­nies, was here re­cently at­tend­ing key board meet­ings for the next wave of Kiwi suc­cess sto­ries.

Simp­son, whose com­pany de­vel­oped pro­cesses to turn waste car­bon into fu­els, also spoke at the An­gel As­so­ci­a­tion New Zealand an­nual sum­mit in Blen­heim.

BiotechNZ ex­ec­u­tive di­rec­tor Zahra Cham­pion says Simp­son, now based in Chicago, spoke about the tremen­dous depth of ex­pe­ri­ence and be­lief in New Zealan­ders’ abil­ity to change the world.

“Lan­za­Tech has just joined BiotechNZ and Sean was also down here as a di­rec­tor of ris­ing New Zealand tech com­pa­nies Aver­tana and Dot­terel.”

Richard Bran­son’s Vir­gin At­lantic has been work­ing with Lan­za­Tech for some years to pro­duce jet fuel made from car­bon waste gases. Ear­lier this year one of its Boe­ing 747s com­pleted a transAt­lantic flight us­ing fuel made from re­cy­cled waste car­bon emis­sions.

Aver­tana, headed by Sean Mol­loy and based in Auck­land, has de­vel­oped a novel in­dus­trial process to turn waste into a range of valu­able raw ma­te­ri­als, with noth­ing left over.

Dot­terel has de­vel­oped noise can­cel­la­tion tech­nol­ogy for drones.

“While Lan­za­Tech shifted their head­quar­ters to Chicago in 2014 the com­pany re­mains a Kiwi busi­ness at its core with the own­er­ship of the patents and li­cences be­ing held by Lan­za­Tech New Zealand,” Cham­pion ex­plains.

“It’s ex­cit­ing to see Lan­za­Tech giv­ing back to the Kiwi biotech com­mu­nity. There are huge op­por­tu­ni­ties for biotech to be part of the so­lu­tions for our global chal­lenges.”

Ac­cord­ing to the re­cently re­leased 2018 TIN100 re­port, New Zealand’s top 200 tech ex­porters grew their rev­enues by 11 per­cent and prof­itabil­ity by 38 per­cent in the past year.”

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