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            "text": "SCOTTISH ENTERPRISE ANNUAL REPORT AND ACCOUNTS 2026",
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                            "text": "NexaBiome Limited was a biotechnology company focused on ad…"
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                    "text": "Manus",
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                    "text": "Manus Neurodynamica Limited was a biotechnology and life sciences company specialising in neuromotor assessment technology, with a focus on Parkinson's disease and related movement disorders. Following initial good progress, the company failed to generate sufficient revenue and were unable to secure additional funding. The company entered into Administration in December 2025.",
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                    "text": "NexaBiome Limited was a biotechnology company focused on addressing the global challenge of antimicrobial resistance and improving human and animal health. Despite the market recognising the important potential of phages in the fight against AMR the company was unable to raise investment required and was placed into administration in May 2025.",
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                    "text": "R3 IoT Limited, a satellite technology business, first received investment support from Scottish Enterprise in 2020 through the Early Stage Growth Challenge Fund which helped the company to operate through the COVID pandemic. Despite efforts to secure further investment to allow the Company to continue to operate this was not possible and administrators were appointed in June 2025.",
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                    "text": "The Company was focused on the development of interactive musical devices for disabled children. With limited commercial progress and despite the efforts of all stakeholders, the business was unable to achieve sufficient revenue to enable it to continue and ceased trading.",
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                    "text": "Trojan Energy Limited",
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                    "text": "Scottish Enterprise first invested in Trojan Energy Ltd in 2020. The Company designed, built and operated Flat and Flush electric vehicle charge points, primarily for residents who park on the street. The company was unable to achieve the forecast levels of commercial progress and despite best efforts of all stakeholders in exploring all strategic options, the company entered into Administration in February 2026.",
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                    "text": "Ubiquigent Ltd was a life science company, operating as a contract research organisation. The company was unable to raise further investment and initiated a voluntary strike-off process and was dissolved in January 2026.",
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                    "text": "Scottish Enterprise supported Vericall Limited through a RSA grant to establish a call centre in Kirkcaldy offering Directory Enquiry and customer support services. The grant was to be used on project assets and creation of jobs. Before the end of the grant monitoring period, Vericall Limited went in to liquidation with the liquidator confirming there was no prospect of a dividend to Scottish Enterprise.",
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