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Birmingham Post
Birmingham Post
Business
Coreena Ford & Graeme Whitfield

Newcastle announces investor opportunity to grow £1.7bn sector

Newcastle City Council is using the UK’s top investment event to seek a partner to grow the city’s life sciences sector.

The council wants to replicate success of the Biosphere centre on the Newcastle Helix business and science park in attracting growing life sciences companies. It is hoped that an investor would expand laboratory facilities in the city to attract new companies and help existing firms grow.

The opportunity will be showcased at UK REiiF, the UK’s Real Estate Investment and Infrastructure Forum, which starts in Leeds today. Invest Newcastle will be leading a 100-stong delegation at the event and flagging the strength of the city’s life sciences sector, which currently supports around 130 companies.

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