An accredited Developing
Stage business incubator
uk inspire Send this page | Bookmark | Print |

Business incubator for biotech and medtech startups


Cardiff Medicentre hailed for role in nurturing university startups

Cardiff Medicentre's role in nurturing successful biotech and medtech startups from university departments has been hailed in the latest edition of Cardiff University News.

The article highlights Cardiff Medicentre's important role as a business incubator caterting for early-stage companies. 

Several case studies of Cardiff University startups are included.  These businesses have either successfully 'graduated' into local follow-on space or are currently tenants at the facility: Q-Chip, MedaPhor and Cardiff Scintigraphics (trading as i2c Pharmaceutical Services).

The business incubator.


Dr Mark Bowman, Director of Innovation at Cardiff Medicentre said “This article represents further formal recognition of the role Cardiff Medicentre plays in building Cardiff University's startup companies."

He added "This facility is an ideal first base for early stage biotech and medtech companies and has an excellent track record of generating successful companies."

For all Cardiff Medicentre media enquiries, please contact:

Carina Phillips
T: 07815 058283

Notes to editors

About Cardiff Medicentre

Cardiff Medicentre is a dedicated incubator for biotech and medtech startups. The facility is set in the grounds of the University of Wales Hospital and is a neighbour to Cardiff University’s School of Medicine.

Established in 1992, Cardiff Medicentre is a joint venture between Cardiff Council, Cardiff University, the Welsh Government and Cardiff & Vale University Health Board. It was the first incubator of its kind in the UK and now provides 32 units of high quality office and lab space accommodation ranging from 284 sq ft to 1,045 sq ft. Low-cost desk leasing facilities are also available to encourage entrepreneurs to enter the Cardiff Medicentre community while writing business plans and raising finance.

Tenants at Cardiff Medicentre benefit from specialist support in establishing and growing their businesses. Their aim, and the aim of the Cardiff Medicentre management team, is graduation – the process of tenant businesses outgrowing the incubation facilities and moving into their own follow-on space, or being acquired.

Examples of successful graduate companies

  • Q Chip Ltd (completed $6 million venture capital investment round in 2011)
  • Cardiff Bioanalytical Services Ltd (acquired by LGC Ltd in 2010)
  • Cardiff Research Consortium (acquired by Capita Group plc for £11.6 million in 2009)
  • BioDynamics Research Ltd (acquired by Quotient BioResearch Ltd in 2008)
  • TrichoTech Ltd (acquired by Concateno plc for £11.25 million in 2007)
  • OnExamination Ltd (acquired by BMJ Group in 2007)

Published on Thu, 22nd Mar 2012

how to apply

Follow us

  • RSS Feed