Home Biotech £40 Million Life Science Facility Planned for Aberdeen, Scotland

£40 Million Life Science Facility Planned for Aberdeen, Scotland

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The Press and Journal reports that a £40 million facility in Aberdeen will be designed to double the size of the industry in Scotland. The project has been backed with £20 million of capital funding from the UK and Scottish Governments through the Aberdeen City Region Deal. Professor Stephen Logan, chairman of the ONE Life Sciences board, said, “This is an exciting project for the region and we are now beginning the formal planning approval process for the hub and with the local authority. “It draws on the significant assets in and around the Foresterhill Health Campus and will realise the opportunity we have to bring forward the next generation of medical therapies and products and grow our company cluster. “Our target is to double the number of life sciences here by 2027.”

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