Major Investment Announced For New Catapult In Medicines Technologies

By

The north of England is to host a new Catapult centre in Medicines Technologies.

The Chancellor of the Exchequer, George Osborne this week announced £5 million funding in 2015-16 to kick-start the project, which will see businesses, scientists, clinicians and engineers working side-by-side in the new Catapult at Alderley Park in C‎heshire.

In addition, the Chancellor announced that the headquarters of the Precision Medicine Catapult will be located in Cambridge, with regional centres of excellence in the north of England, Northern Ireland, Scotland, Wales and southern England.

The Catapults network was established by Innovate UK and provides access to expert technical capabilities, equipment and other resources required to take innovative ideas from concept to reality.

Commenting on the announcement, Dr Peter Simpson, Director of the N8 Research Partnership, said: “It is most encouraging to see further Ministerial and Innovate UK recognition of the excellence of the life sciences research capability in the North. This is another step in delivering on the region’s economic potential.

“The N8 fully supports positioning translational science and technological innovation, right at the heart of the Northern Powerhouse growth agenda.”

For more information, click here.