£100m boost for life sciences sector

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Steven Russell working with a robot moving a delivery plate as a  consortium of Scottish scientists has won a £100m contract to research new medicines..Life sciences firm BioCity Scotland in Lanarkshire beat off international competition to win funding for a new screening centre..It is claimed to be the biggest investment of its kind in Scotland..The deal includes investment of £16.3m from the European Innovative Medicines Initiative (IMI) and £3.5m from the Scottish Funding Council and the Scottish government..A further £75m worth of proprietary drug compounds is being made available to project partners by participating pharmaceutical companies..The cash will be used to set up a screening centre at Biocity's facility in Newhouse to undertake research into new treatments..Picture: Universal News And Sport (Europe) 7 February 2013..
Steven Russell working with a robot moving a delivery plate as a consortium of Scottish scientists has won a £100m contract to research new medicines..Life sciences firm BioCity Scotland in Lanarkshire beat off international competition to win funding for a new screening centre..It is claimed to be the biggest investment of its kind in Scotland..The deal includes investment of £16.3m from the European Innovative Medicines Initiative (IMI) and £3.5m from the Scottish Funding...
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Keywords:
  • £100m
  • life sciences