Bringing you the latest Business News updates from the science industry
by Heather Hobbs Life Sciences Hub to Accelerate Growth in Wales
The Welsh Government has created a national and international focal point for Life Sciences and Healthcare in the country with the launch of Life Sciences Hub Wales which is set to attract new opportunities and inward investment, creating more jobs and accelerating economic growth.
Based in the heart of Cardiff Bay and supported by the £100 million Life Sciences Investment Fund, the largest dedicated investment fund for any sector in Wales the Hub was offi cially opened on July 17 by Welsh Minister for Economy, Science and Transport Edwina Hart. Professor Chris McGuigan, Chair of Life Sciences Hub Wales, and Life Sciences Entrepreneur Prof Sir Chris Evans, together with businessman Theo Paphitis, of BBC Dragons’ Den fame also attended.
Minister Edwina Hart said: “The Hub will cover all elements from funding to business support to international development and promotion, bringing the Life Sciences sector together for easy access by both Welsh Life Sciences companies and inward investors. The £100 million Wales Life Sciences Investment Fund will be a key part of the support available to businesses, alongside other forms of fi nance and the Hub is central to our long-term strategy to grow the sector to deliver at least £1 billion of extra value by 2022.”
Professor Chris McGuigan added: “Wales has excellent credentials in the Life Sciences world, with world- leading anchor companies like GE, international excellence in research in our Universities and 100s of SMEs active in the area. The Life Sciences Hub will provide a central focus for the sector within a stone’s throw of the Welsh Government. With access to top-level advice and funding this will become the true Dragons’ Den, a Welsh Dragon’s Den,
supporting Life Sciences innovation and cutting edge research in Wales. If you are in Life Sciences and in Wales you need to be in the Hub.”
The £100 million Wales Life Sciences Investment Fund was launched at the BioWales Conference in March 2013. The Welsh Government has invested £50 million into the Fund which will be managed by Arthurian Life Sciences Ltd, established by serial biotech entrepreneur Professor Sir Chris Evans OBE. Arthurian has committed to raising another £50 million for the Fund.”
Sir Chris Evans said: “Often the hardest part of being an emerging business or an entrepreneur in the Life Sciences space is having the availability of funds. But not just that, it’s also having access to the pooled experience and knowledge of those who have done it before and the professional bodies and advisers who regularly serve our industry. I’m delighted that Wales has today made those key elements readily available through the Fund and the Life Sciences Hub and it shows to the rest of the world that Wales is a great place for Life Sciences innovation.”
Dragons’ Den star and one of the UK’s leading businessmen Theo Paphitis commented: “The UK’s economic growth is dependent on us tapping into the spirit of innovation and entrepreneurship that our country is so proud of. Whether it be in the retail world or in Life Sciences, what we need is Government to support growth and a shared passion for success. The launch of the Hub shows that this is alive and well in Wales for Life Sciences and with initiatives like this improving lives and creating more jobs - I’m in!”
31018pr@reply-direct.com Sir Chris Evans and Theo Paphitis
L-R Professor Chris McGuigan, Sir Chris Evans, Edwina Hart, Minister for Science, Transport and Economy, Theo Paphitis.
CERN Experiments in the UK: Meet the Buyer
Friday 24th October 2014, Royal College of Physicians, London. CERN, based in Geneva Switzerland, spends in the region of £300 million every year purchasing equipment and services. In addition to this, within the UK, many research groups are purchasing equipment for the CERN experiments. The Science and Technology Facilities council are organising this event to describe the UK involvement in the CERN experiments and the procurement opportunities. This meeting will provide:
• An overview of the opportunities from ALICE, ATLAS, CMS and LHCb
• Details of upcoming requirements and upgrades of the experiments
• Targeted one-to-one meetings between potential buyers and suppliers
• Networking opportunities with experts working on the experiments from across the UK.
For more information on how to supply to CERN and the experiments, please save the date of this meeting in your diaries. For more information and registration details contact:
tenderopportunities@stfc.ac.u
31023pr@reply-direct.com Delegates attending the UK-China Steel Research Forum (Credit: STFC) Scientists, engineers, technologists and industry leaders
from China and the UK have met at Oxfordshire’s Rutherford Appleton Laboratory (RAL) to discuss and exchange the recent advances in the research of materials science and engineering.
The two day conference covered the 3rd UK-China Steel Research Forum and the 15th Biennial Conference of Chinese Materials Association on Materials Science and Engineering. It has been held at STFC’s Rutherford Appleton
Steel Researchers from the UK and China Gather at Harwell Event
Laboratory at Harwell Oxford. The focus was on steel research and development in the UK and China, and provided a unique opportunity for academic institutions and industrial companies to foster research collaborations between the two countries.
Welcoming the visitors to STFC at Harwell Oxford, Andrew Taylor, Executive Director of STFC National Laboratories which includes the ISIS neutron and muon facility at RAL, said, “STFC is really the ‘mega science’ research council – the big kit, big instrument research council and our work is global. One of the things the UK has done effectively is taken the technology behind these big facilities and big science and translated it into small science, trying to understand the world around us at the atomic and molecular level. China is going to have an ISIS-like facility and, inspired by the things we can do together, I look forward to further collaboration between China and the UK in the future.”
The conference was jointly organised by steel researchers from the UK and China, with support from industry leaders, steel research institutions and research funding bodies from the UK and China.
30982pr@reply-direct.com
To be included in our next issue, send all your Business and Financial News stories to
heather@intlabmate.com
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