Enquiries are now being welcomed from private sector investors interested in leading a project to create the next phase of Newcastle upon Tyne’s growing life sciences sector.
The Biosphere, home to Newcastle’s existing life sciences companies, opened almost three years ago and is a specialist lab facility tailored to the commercialisation of life sciences. It provides biology and chemistry laboratories and high-quality office space.
Its huge success and growing demand for commercial lab and office space means an investor is being sought to take the lead on expanding the heart of the north east’s £1.7bn life science eco-system.
The goal for the private investor being sought will be to establish the next stage of the Biosphere’s development, and create further commercial lab and office space for spinouts, start-ups, and growing and established companies. This new phase will complement the provision already in place.
More than 7,000 professionals are employed in Newcastle’s life sciences sector, and it represents a significant investment for the local economy, showing a clear commitment to life sciences growth.
The city of Newcastle is ambitious about being a leading international location for innovation in the sector: if you share that ambition as a private investor, we’d like to hear from you.”
For further information about this private sector investment opportunity, please email hello@thebiospherenewcastle.co.uk
