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Scottish life sciences hub reaches significant milestone


Picture by Michal Wachucik/Abermedia
A NEW 40 million BioHub was hailed by Scottish Cabinet Secretary for Finance Kate Forbes and UK Cabinet Office Minister Michael Gove at a ceremony to mark significant construction progress.
The Aberdeen site is scheduled to open in October 2022 and will house up to 400 scientific entrepreneurs with the goal of doubling the number of life sciences companies in the region by 2027.
It will be home to spin-out, start-up and scaling businesses bringing new drugs, treatments, therapies and technology to market and creating high-skilled jobs to drive economic recovery in this fast-growing industry sector.
Opportunity North East is the lead partner and a funder for the project, which has secured £20 million of capital funding jointly provided by the Scottish Government and UK Government through the Aberdeen City Region Deal. ....

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