A new privately funded commercial biotechnology business center has opened its doors in the village of Lanchester, Co Durham. This unique facility is dedicated to the development of life science businesses, a field with high potential to contribute to the economic growth of the North East.
The building, which was once the “Manor of Lanchester” and which dates from 1860, has previously been council offices, a doctor's surgery and Lanchester police station. It was converted last year into state of the art laboratories and offices with a view to creating a unique collaborative environment for biotechnology. The Centre is 91% full and is looking to let it last three units to new businesses.
The Durham Genome Centre and its tenants focus upon genetic testing and are very active in the paternity testing market. These markets are growing at an unprecedented rate, with a profusion of new opportunities emerging. This technology is already impacting on a wide range of fields such as, for example, diagnosis and treatment of human disease, food security, animal science, agriculture and the environment.
Life sciences has been identified as a priority area by the NE LEP. However, the region needs more dynamic young companies developing new products and services for an increasing range of new markets, to diversify from its dependence upon pharmaceutical manufacturing.
The Director of the Durham Genome Centre, Dr Neil Sullivan said:
"We are dedicating part of the building to young businesses who can access capital equipment and expertise on site. Genomics is here to stay and we hope that by creating this centre, we can play a small part in creating new businesses in rural Co. Durham. We are actively looking for enthusiastic and dedicated entrepreneurs who would like to avail themselves of these many opportunities".
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The Durham Genome Centre can be contacted on 0191 543 9386 or email email@example.com< Back to News