LIFE SCIENCES
The Life Sciences sector in Wales is internationally recognised for research and development and is one of Wales’ fastest growing and most innovative sectors. CLUSTERS OF EXCELLENCE
With around 11,000 people working in more than 350 companies, the life sciences sector is attracting companies from small start-ups to global businesses with the funding, support and skilled workforce available. With a strong competitive advantage in regenerative medicine and cell therapy, including excellence in stem cell research led by Nobel Prize winner Professor Sir Martin Evans, Wales is the only nation with a £100m dedicated Life Sciences Fund and a central Life Sciences Hub, and is home to Europe’s
first centre for Nano-Health. Home to some of the world’s most progressive companies within the life sciences industry, including ReNeuron, Trakcel, Zimmer Biomet and PCI Pharma, Wales has developed established clusters of excellence in high-growth markets including In vitro diagnostic, medical devices, single use technology and wound care. To help the commercialisation of research, a unique £3 million Bridging Fund aims to accelerate the application of Life Science Research while the
SMARTCymru Research, Development and Innovation scheme offers up to £200,000 support for start-up businesses and SMEs. Excellent academic research facilities and incubators include the Institute of Life Sciences, Cardiff Medicentre and GE Innovation Village. Already home to BioWales, one of the largest life sciences conferences in the UK, Wales is a fantastic choice for conferences and events in the life sciences sector, providing access to cutting edge research and innovative applications. Cardiff University Brain Research Imaging Centre The new £44m CUBRIC opened in March 2016. Housing a combination of neuroimaging equipment unique within Europe, CUBRIC continues to further its world-leading research which has already established Cardiff University as one of the UK’s top three universities for Psychology, Psychiatry and Neuroscience. With an open approach to research proposals, CUBRIC works with both academics and industry partners on brain stimulation technologies, including pharmaceutical companies investigating the effects of experimental medicines.
VIII WALES
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