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North East Offers ‘Impressive Opportunities For Life Sciences Sector’

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The north-east of England could become one of the epicentres for life science research in the future, after trade experts from around the world return home to raise awareness of the region’s investment in the sector.

Representatives from the Department of International Trade (DIT) visited last week to learn about the money being ploughed in the health and life science industry and networks in the area.

The 15 delegates from countries such as Japan, the US, Canada, Israel and New Zealand, took a look at Thermo Fisher Scientific in Northumberland, before meeting with staff from Science Central, NETPark, the Centre for Ageing and Vitality, the NIHR Clinical Research Network, First for Pharma and many more.

Inward investment manager at Invest North East England David Pattison said: “The north-east is a world class centre of healthcare and life science excellence.”

He noted there are 165 life science-related firms in the region, making it “one of the foremost clusters of life sciences and pharmaceutical capabilities in the UK with an excellent record of high-quality delivery”.

Mr Pattison wanted to give the DIT delegates a good appreciation that the north-east is a principle location for this industry in the UK. As a result of this visit, therefore, he hopes more investment will be put into the area, thereby creating more jobs as well.

This comes after chairman of MedCity Dr Eliot Forster revealed his optimism about the sector this year, saying the investments that were made previously will “begin to generate data”.

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Author: Matt