Scotland business

New centre in North Lanarkshire for life science firms

Image caption The centre will provide on-site support for small life science companies

A new centre for growing small life science companies is to be created in North Lanarkshire.

The 23-acre site at Newhouse will be run by BioCity, which has already created a business park environment for small technology firms in Nottingham.

The centre will provide on-site support to aid small companies' growth, along with advice on access to finance.

The site was gifted by healthcare specialist MSD, which ran a bioscience business there until 2010.

BioCity plans to locate scientific equipment at the Newhouse facility for companies to rent and share.

BioCity Scotland chairman Louis Nisbet said: "BioCity Scotland is much more than a property proposition. It will be a unique, vibrant community of scientific companies."

The Newhouse development has backing from the Scottish government, Scottish Enterprise, the Roslin BioCentre in Midlothian - which already operates a similar cluster of companies - and North Lanarkshire Council.

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