Five years on at BioCity, Glagow

Five years ago we took on the former Merck R&D facility in Newhouse, located between Glasgow and Edinburgh on the M8.

Over the last few years, we have supported more than fifty new business opportunities through our Accelerator programme that is funded by Scottish Enterprise and North Lanarkshire Council through the Glasgow City Region Deal.Eleven of these opportunities have gone on to raise a total of £11.8m in private sector funding.

Collectively, these companies have created 111 new jobs across Scotland in the health, life sciences and medtech sector. Meanwhile, companies based at our incubator have raised a further £12m in venture capital.

Now, twenty-eight start-up and growing companies choose to call BioCity and MediCity, Glasgow home, employing over 300 people which is more than the number made redundant by Merck on site closure.

In the beginning, we were seen as ‘selling space in the wrong place’ and when we received our first utilities bills we knew we were taking a risk. But hard work and perseverance paid off and since then we have proved a lot of people wrong.

The work, of course, isn’t done (it never is) but now, five years on is a good time to say well done and thank you to all involved. Well done to the team who helped us build it, thank you to the companies that trusted us and moved to the site and thank you to everyone who has contributed to making BioCity and MediCity in Scotland the success it is today.

We are delighted that these companies call BioCity home:

Novosound

SujiBFR

OracleBio

Interserve

Roylance Stability Storage

Altair Medical

Biocleansers

Endocryne

IBM Watson

Sartorius

Antibody Analytics

BioAscent Discovery

Lamellar Biomedical

BDD Pharma

ScotBio

SLS

Clyde Biosciences

Amphista

Cuantec

Invizius

Enocell

ILC Therapeutics

Mironid

Insignia

Lay Summaries

Jumpstart UK

Conex

Biogelx

The Antibody Company

Epidarex

Abaxon Biologics

Horizons Unleashed

Virttu

Scientific People

PMcG Consulting

TAGS: Accelerator, BioCity, BioCity Glasgow, Incubator, Investment, MediCity