Suffolk: Tour showcases county’s biotech capability
SUFFOLK County Council has hosted a tour designed to showcase the county’s fast-emerging biotechnology centre.
The party include representatives from the Department for Business, Innovation and Skills and UK Trade & Investment as well as the New Anglia Local Enterprise Partnership and district and borough councils.
Although overshadowed by Cambridge, Suffolk is within the top 25% of counties in terms of employment in biotechnology, with 36 companies in the sector having a combined workforce of around 3,000 in the county.
Companies visited during the tour included Genzyme Ltd in Haverhill (which employs 350 people), the Animal Health Trust in Newmarket (which has 200 people) and Nestor Pharmaceuticals in Mildenhall (30).
The party also visited the biotech laboratories at University Campus Suffolk in Ipswich.
You may also want to watch:
In 2010, UCS secured �2million in public and private sector support to develop a world-class biotech laboratory focusing on regenerative medicine, including �500,000 from Suffolk County Council and the former East of England Development Agency which enabledfurther private sector money to drawn down.
The first spin off company from the investment has recently secured “angel” funding from a Suffolk-based investor.
- 1 Body of man, 22, found in River Orwell
- 2 Aldi targets Felixstowe, Saxmundham and Sudbury for new stores
- 3 'Kind and loving' husband-to-be dies of lymphoma aged 27
- 4 Pub near Stowmarket closes temporarily due to Covid-19 case
- 5 Wanted man arrested in Stowupland village
- 6 Former Town assistant Taylor back in football
- 7 WATCH: 'Selfish' drug-driver ploughs into police detective's vehicle
- 8 Pair arrested for alleged sex assault on young woman
- 9 265 new homes set to be built off A14 at Stowmarket
- 10 Sweltering Suffolk could see hottest day this year ahead of thunderstorms
Judy Terry, Suffolk County Council’s portfolio holder for the economy, skills and the Greenest County initiative, said: “Few people realise just how much value the biotech sector adds to our economy and how varied the industry is.
“Suffolk’s biotech companies make a significant contribution both locally and to the industry internationally.
“Too often, Governments can be London-centric and do not appreciate the opportunities for growth that exist in the regions. We felt it was important for BIS and UKTI to understand fully how much expertise there is in Suffolk.
“The biotech sector is going to expand hugely in the next decade and we need to make sure we have the necessary local skills and infrastructure so that Suffolk can really capitalise on these opportunities.”