Partly Cloudy

Partly Cloudy

max temp: 12°C

min temp: 9°C

ESTD 1874 Search

East Anglia: High hopes of investment boost for lifesciences sector following trade mission to China

15:04 04 April 2014

Delegates at an East of England – Jiangsu life science conference which formed part of this week's trade mission from Essex, Suffolk and Norfolk to the Chinese province.

Delegates at an East of England – Jiangsu life science conference which formed part of this week's trade mission from Essex, Suffolk and Norfolk to the Chinese province.


A trade mission to attract investment from China into the life sciences sector across Essex, Suffolk and Norfolk has led to hundreds of contacts which could lead to a multi-million pound boost to the regional economy.

Delegates from the three counties have spent the past week travelling around China’s Jiangsu province promoting the East of England as an ideal UK venue to do business.

They have met about 200 life science businesses, research institutes and government representatives, telling them about the benefits of either setting up or collaborating with the companies and research parks in the region.

The delegates include Sue Lissimore, Essex County Council’s deputy to the cabinet member for economic growth and infrastructure, Colleen Walker, Norfolk County Council cabinet member for economic development and experts from Anglia Ruskin University’s MedTech campus, the Norwich Research Park, University Campus Suffolk and Plant Bioscience Ltd.

They spent two hours with the vice president and chief operating officer of a major Chinese pharmaceutical company that is interested in sourcing new drug technologies. The company is also interested in visiting the East of England and setting up a research operation.

The delegation also agreed with the Jiangsu Department of Public Health to develop an exchange programme for doctors and nurses that will lead to universities in the East of England winning new students.

Some of their meetings have been filmed and broadcast on Chinese television.

The delegation returns this weekend and Essex, Suffolk and Norfolk county councils will then start work on turning the contacts into investment.

Sue Lissimore said: “We have put the East of England on the map for a very targeted group of Jiangsu businesses.

“I have found it tremendously interesting meeting so many representatives from such a variety of Life Sciences businesses and organisations, including some companies that incorporate traditional Chinese medicine with new research.”

Colleen said: “I am looking forward to returning to Norfolk to update life science businesses across the county with details of the fantastic links we have made. I am very hopeful that as a result of this trip Chinese investors will choose Norfolk, Suffolk and Essex as a great location for their business. There has been much interest in the Norwich Research Park.”

Richard Smith, Suffolk County Council’s cabinet member for economic development, said: “The trade mission has been very successful. I look forward to talking to my colleagues in Essex and Norfolk on their return and then seeing the links they made in China become investment in our region.”

The East of England has one of the most advanced life sciences sectors in the UK. Specialties include agricultural technologies, clinical research, medical technologies, human health, food research, gene research, biotechnology and environmental technologies.

Search hundreds of local jobs at Jobs24


John Dugmore, chief executive of Suffolk Chamber of Commerce, cuts the ribbon to open the new TravelQuest branch in Ipswich, with members of the TravelQuest team.
From left, Vicki Wood, Poppy Brown, John Dugmore, Michelle Thake, Paul Hardwick and Karen Jones.

A Suffolk travel company has expanded with the opening of a second branch.

Terry Hunt, editor of the East Anglian Daily Times, left, and Boshor Ali, chairman of the Bangladeshi Support Centre (BSC), right, with other supporters of the Suffolk BME Business Awards from Ipswich Borough Council, Suffolk Chamber of Commerce, the University of Suffolk and the BSC.	
Photo: Nigel Brown

More than 40 nominations have been received for the inaugural Suffolk BME (Black and Minority Ethnic) Business Awards.

Tim King, group fleet manager at Turners (Soham), left, takes delivery of the firm's newest truck from Eddie Hennessy, regional manager of DAF Trucks UK, representing regional dealership Chassis Cab. 
Photo: Keith Mindham Photography

Suffolk-based logistics company Turners (Soham) Ltd has reported increased annual revenues and profit, and says it is “well placed” for further success despite competitive market conditions.

Sandy Jackson - Mark Westley Photography

British Gas has been forced to backtrack after repeatedly billing a 91-year-old great-grandmother for hundreds of pounds more than she owed.

Ian Thoroughgood, associate director at Grant Thornton in Ipswich, with Jonathan Agar, chief executive of Birketts.

Business advisers firm Grant Thorton is to unveil its 15th “Suffolk Limited” report next month on how the county’s leading businesses have performed over the past year.


Show Job Lists

Most read

Most commented

Topic pages


Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24