Unprecedented collaboration between industry, academia, government and
health providers draws dozens of life science companies and contract
research organizations to Scotland
SAN DIEGO, June 16 /PRNewswire/ -- The unique connectivity, talent and collaboration that has attracted many of the world's leading life sciences companies to Scotland in recent years will be on show at BIO 2008 in San Diego, California this week.
As pharmaceutical, biotechnology and research outsourcing companies search globally for new technologies, promising research and production expertise, Scottish researchers, industry leaders and government representatives will be at BIO to promote the nation's integrated and dynamic life sciences strategy that is built on strengths in scientific excellence and Scotland's world-class research base.
"Scotland's wealth of cutting-edge technology, internationally renowned talent, and unique industry, government and academic collaboration offer life sciences companies a truly supportive and entrepreneurial environment to efficiently and effectively grow their business," said Rhona Allison, senior director of life sciences for Scottish Enterprise, Scotland's economic development and innovation agency. "Many of the worlds leading life sciences companies are finding a welcoming and productive home in Scotland and we want to encourage more organizations to become part of Scotland's vibrant and growing life sciences sector."
Recent large-scale investments from multi-national life science companies and many of the world's leading CROs, including Quintiles, Aptuit, Charles River Laboratories, ICON and PPD Development, indicate that Scotland is poised to play a significant role in the growing market for outsourced clinical research, currently estimated at $14 billion.
The country currently has more than 600 life science organizations and is home to a dynamic and entrepreneurial environment for vibrant new companies to flourish, indeed, 20 new life sciences companies were established in 2007 alone.
Synergy between public and private sectors, and academia has brought together the unique Translational Medicine Research Collaboration between Wyeth, four Scottish universities, Scotland's National Health Service and Scottish Enterprise. The partnership is a world first in translational medicine, combining commercial, clinical and academic expertise to better understand a wide range of diseases such as diabetes, mental health, osteoporosis, cancer and stroke.
"The science in Scotland is outstanding, and the assistance from and commitment of Scottish Enterprise pulled the whole thing together," said Dr Frank Welsh, Executive Vice President, Wyeth Pharmaceuticals. "We couldn't do this anywhere else in the world."
Scotland's high-tech infrastructure, including the $1 billion Edinburgh
BioQuarter currently being developed by Alexandria Real Estate, will
support Scotland's world-leading capabilities in areas such as drug
discovery and development, stem cell science, medical technologies,
translational medicine, bioinformatics and specialist manufacturing.
Scottish Organizations at BIO
Aquapharm Biodiscovery Ltd
AvantiCell Science Ltd
Biotech Innovation & Future Health Limited
Charles River Laboratories
CXR Biosciences Ltd
Environmental Hygiene Products Ltd
Fulcrum Pharma PLC
Highland Biosciences Ltd
ITI Life Sciences
Moredun Scientific Ltd
Murgitroyd & Company
Nexxus, the West of Scotland Bioscience Network
Scottish National Blood Transfusion Service
Scottish Stem Cell Network
Tepnel Research Products and Services
Tissue Solutions Ltd
PsyRING - Psychiatric Research Institute of Neuroscience in Glasgow
For more information on these companies, please visit Scottish Development International.
About Scottish Development International
Scottish Development International (SDI) works to attract inward investment and knowledge to Scotland in order to help the economy grow. SDI also works to help Scottish companies do more business overseas and to promote Scotland as a good place to live, work and do business. It is jointly operated by the Scottish Government and Scottish Enterprise. Its work is guided by the global connections theme of the Scottish Government's Smart Successful Scotland strategy for economic development in Scotland. For more information, visit http://www.scottishdevelopmentinternational.com/ .
|SOURCE Scottish Development International|
Copyright©2008 PR Newswire.
All rights reserved