The Academy of Medical Sciences held a recent workshop exploring how the UK can build on its strengths and overcome challenges to maintain leadership in R&D, in light of a broader UK life sciences industrial strategy.
The workshop’s report shone a light specifically on Stevenage Bioscience Catalyst’s successful open innovation set-up and how it is accelerating advances in biomedical discovery through collaboration across academia, pharmaceutical, biotech and diagnostic companies amongst others.
One of the successes of the Stevenage Bioscience Catalyst has been its ability to attract major investment, including from Innovate UK, for a new £55m Cell and Gene Therapy Catapult manufacturing centre on the site.
The Cell and Gene Therapy Catapult was extolled in the report for its capabilities, infrastructure and technologies which address the unique challenges of cell and gene therapies across the lifecycle from early discovery through to market access. Its expansion in Stevenage marks a significant, positive development for Hertfordshire.
Supporting key sectors and unlocking sites for development are two of Hertfordshire Local Enterprise Partnership’s strategic priorities. It follows that the LEP is incredibly supportive of Stevenage Bioscience Catalyst and the new £55m Cell and Gene Therapy Catapult manufacturing centre which will accelerate innovation and job creation in the county.
The timely praise for the county’s life sciences sector comes as Hertfordshire LEP is working alongside other LEPs and businesses to map Hertfordshire’s strengths through Science and Innovation Audits. The life sciences audit is being led by Stevenage Bioscience Catalyst.
Science & Innovation Audits are, in essence, a ‘deep dive’ survey of cutting-edge innovation taking place in industry and the public sector, and are being conducted to better inform central Government of regioonal strengths for potential future funding streams, and to assist with foreign direct investment.
Read the full press release here.