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Healthcare & Life Sciences

Overview

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North East England is committed to becoming one of the top 10 places in the world to do science-based business. The healthcare and life sciences industry is one of the key sectors helping to achieve this economic aim.

More than £200 million has been invested during the past six years to develop world leading expertise in emerging technologies and their commercial exploitation.

Significant investment has been made in the ageing and heatlh agenda with The Institute for Ageing and Health at Newcastle University already the largest in Europe and has the largest interdisciplinary research group in the field of ageing and age-related illnesses driving this forward.

At the forefront of this ambitious drive is the Centre of Excellence for Life Sciences (Cels), established with the support of One North East, and with strong backing from the region’s universities and business community.

Cels provides comprehensive support to healthcare and life science companies through Cels Business Services (CBSL). It also plays a key role in the commercial development of research discoveries, bringing professionals and organisations together through the HealthConnect network to share knowledge and collaborate on commercial opportunities.

Among the growing range of superb facilities in the North East is the £10 million Life Knowledge Park at the International Centre for Life in Newcastle. The Institute for Human Genetics based there - part of Newcastle University - is one of the top stem cell research centres in the world.

Newcastle is a designated city of science excellence. Under the banner of Newcastle Science City three themes in which the city is recognised as delivering cutting-edge research and innovation are promoted at a national and international level: Ageing & Health, Stem Cell Technology and Sustainability.  

The 100,000 sq m Science Central site based in the heart of Newcastle city centre will focus on the development of sustainable sciences, offering teaching, R&D,  business and incubation facilities where people from around the world will be able to study and work. Those located on the site will have access to cluster expertise working closely with other facilities in the region including, Narec,  PETEC and the Wilton Centre. Phase 1 of the site build will commence in Spring 2011.

Science City works in tandem with NetPark at Sedgefield, Durham, which is home to start-up and leading edge companies specialising in healthcare and medical technologies.

To discuss investing in this sector contact our Inward Investment Support Team

Healthcare

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