A NATIONAL biologics manufacturing centre will be based at The Pounds 38m National Biologics Manufacturing Centre - run by Wilton-based
It will create an open-access hub for companies to prove and scale-up biopharmaceuticals, which already outperform the massive world pharmaceuticals sector as a whole, accounting for 10-15% of the market.
Pharmaceuticals using biotechnology are delivering significant advances in healthcare - including rare or previously untreatable diseases.
CPI, which also has facilities in Sedgefield, is the process sector element of the Government's national manufacturing strategy, dubbed the High Value Manufacturing Catapult, a network of seven technology and innovation centres.
It was announced that CPI would manage the new centre in December last year.
An independent industry advisory board chose
"We will provide both large and small companies with open access facilities to prove and scale up their process, therefore reducing risk associated with product development.
"We will build on the
Minister for Universities and Science David Willetts MP, said: "The new National Biologics Manufacturing Centre will significantly increase the
"This is a very exciting project for the biomedical industry and we are delighted to welcome it to Tees Valley - It is yet another significant announcement both for the
" The facility will initially employ 25 staff and will act as a magnet for future pharma and biopharma investment.
Work will start on the building at the beginning of next year and is due to open in early 2015.
"The location of the centre in North-east
A NATIONAL biologics manufacturing centre will be based at
The Pounds 38m National Biologics Manufacturing Centre - run by Wilton-based