Scotland’s life sciences industry has received a boost after it was confirmed that it is to be home to a new pharmaceutical manufacturing research centre.
The medicines manufacturing innovation centre is initially being backed with more than £40 million of funds as it aims to become a hub for the creation and application of new technology in drug making. It hopes to bring a greater portion of the £98 billion small molecule and fine chemical processing market to the UK.
Companies from start-ups to global corporations will be able to tap into and shape the research and development undertaken by academics at the site.
Medicine manufacturing forms a big part of the Scottish life sciences sector. More than 5,000 people are employed directly and a…