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Scotland Announces Goal to Double Life Sciences Contribution to Scottish Economy by 2020 at BIO
Date:6/27/2011

WASHINGTON, June 27, 2011 /PRNewswire/ -- Today at the 2011 BIO International Convention, Scotland, with a record 20 companies in attendance, announces plans to double the economic contribution of its life sciences sector to the Scottish economy by 2020. Building on the country's rich history of scientific discovery, medical technology, stem cell and translational medicine, as well as a unified approach to collaboration across government, academia and industry, Scottish Development International believes its life sciences sector is positioned for maximum growth and productivity.

"Scotland embodies a cohesive approach to supporting life sciences innovation across both public institutions and private industry, bridging basic and clinical research and delivering results to patients," said Rhona Allison, Senior Director Life Sciences, Scottish Development International. "The quality of our research and technology combined with our integrated life sciences strategy give us a competitive advantage in the global healthcare market and allow us to confidently predict Scotland's growth as  a life sciences sector."

The Edinburgh BioQuarter partnership between ARE, SE/SDI, the University of Edinburgh and the National Health Service is developing a new European life sciences hub, bringing together a number of research assets, including the new Scottish Centre for Regenerative Medicine (SCRM). This centre, headed  up by Professor Charles ffrench-Constant and advised by Sir Ian Wilmut, will join the existing research community of 1,200 scientists in a brand new facility in the heart of the BioQuarter. The BioQuarter's bioincubator building is set to welcome its first tenants in 2012 and will provide more than 80,000 square feet of office and lab space.

The breadth of companies at BIO 2011 is testament to Scotland's environment of scientific excellence and translation of cutting-edge science into clinical results. Earlier this month, Glasgow
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SOURCE Scottish Development International
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