Stevenage to be at cutting-edge of fight for medical cures after 55 million cell therapy centre plans announced
Posted: December 17, 2014 at 8:43 am
17:52 16 December 2014
Oliver Pritchard
Vince Cable said the facility will put the UK at the cutting-edge of cell therapy research.
Archant
Stevenage will be leading the UKs fight to find cures for diseases like cancer when a 55 million state-of-the-art cell therapy centre is built.
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Business developer Cell Therapy Catapult revealed plans to build the plant at the Stevenage Bioscience Catalyst campus today after saying the town ticked all the firms criteria.
The investment should create up to 150 jobs at the Gunnels Wood Road site and will generate 1.2 billion of revenue by 2020 80 per cent via export.
Business secretary Vince Cable said: This therapy is at the very cutting edge of medical research, and is using our own cells in the fight against life-threatening diseases including cancer.