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

Business incubator for biotech and medtech startups

 

Cardiff Medicentre recognised for growing biotechs and medtechs

Cardiff Medicentre's enviable track record of helping biotech and medtech startups to succeed has been highlighted in an article in the Western Mail's Business in Wales magazine.

The article highlights the services available to startups located at the Cardiff Medicentre and describes examples of our highly successful 'graduates' from the Cardiff Medicentre.

Cardiff Medicentre helps grow biotech companies.


Commentary

Dr Mark Bowman, Director of Innovation at Cardiff Medicentre said "I was very glad to see the Welsh press recognise the important work being done here."

He added "Startp companies, especially those in high value sectors such as biotech and medtech, will play an important role in the recovery of the UK from the current global downturn. Such businesses need the kind of incubation support services provided here in order to become sustainable."

For all Cardiff Medicentre media enquiries, please contact:

Carina Phillips
T: 07815 058283
E:carinaphillips@ntlworld.com

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 Wed, 7th Dec 2011

 
tenants
how to apply
directions

Follow us

  • RSS Feed