The story
In the 1970s Dennis Chapman (1927–1999) at London's Royal Free Hospital. Chapman and his colleagues were responsible for groundbreaking research in the area of biocompatibility – the ability of a material to interface within the body without provoking an adverse biological response. They identified phosphoryl-choline (PC), a substance present in the human cell membrane, as one of the primary natural materials responsible for biocompatibility.
In 1984 Chapman founded Biocompatibles, which patented PC technology to develop it for commercial healthcare applications. In 2002, the company expanded to a new field based upon embolisation therapy, a minimally invasive treatment for tumors or vascular malformations based upon compressible PVA embolic microspheres.
Biocompatibles has been publicly traded on the London Stock Exchange since 1995 (LSE:BII).
In 2010, the company was acquired by BTG plc for about 156 million pounds.
In 2019, its new parent company BTG was acquired by Boston Scientific for around US$4.2 billion.
From Wikipedia’s article on Biocompatibles, shared under CC BY-SA 4.0.3