The Welsh Government has launched the Life Sciences Hub Wales, a national and international focal point for the Life Sciences and Healthcare sectors in Wales.

 

The Life Sciences Hub will be based in the heart of Cardiff Bay and will create a vibrant and prosperous Life Sciences ecosystem bringing together academic, business, clinical, professional services and funding organizations to provide a commercially-driven melting pot of talent.

 

Combined with the £100 million Life Sciences Investment Fund, the largest dedicated investment fund for any sector in Wales, the launch of the Life Sciences Hub will place Wales on the world stage for Life Sciences innovation and development. The Life Sciences Hub and the Investment Fund will be used to connect the Life Sciences sector throughout Wales, will attract new sector opportunities and investment, nurture emerging Life Sciences projects, and accelerate the growth of the Life Sciences sector in Wales to create jobs and economic growth.

 

The Life Sciences Hub Wales, in Cardiff Bay, will be officially opened by Welsh Minister for Economy, Science and Transport Edwina Hart. Also in attendance will be Prof. Chris McGuigan, Chair of Life Sciences Hub Wales, and Life Sciences Entrepreneur Prof Sir Chris Evans, together with businessman Theo Paphitis, of BBC Dragons’ Den fame.

 

Said McGuigan: “Wales has excellent credentials in the Life Sciences world – with world-leading anchor companies like GE, international excellence in research in our Universities and 100s of SMEs active in the area. The Life Sciences Hub will provide a central focus for the sector within a stone’s throw of the Welsh Government. With access to top-level advice and funding this will become the true Dragons’ Den, a Welsh Dragon’s Den, supporting Life Sciences innovation and cutting edge research in Wales. If you are in Life Sciences and in Wales you need to be in the Hub.”

 

Date: July 17, 2014

Source: Life Sciences Hub Wales