News & Views
Innovate UK Award £2.6 Million to Cobra
Jan 25 2018 Read 625 Times
Biologics and pharmaceuticals developer Cobra Biologics has been awarded £2.6 million capital infrastructure investment by Innovate UK under its industrial strategy boost for UK medicines, that will go towards a £5 million development project, part of a wider £15 million company expansion announced by Cobra in 2017.
The company’s planned extension of capacity and capability that will lead to increased process development, analytics and GMP manufacturing, is set to double the footprint of Cobra’s UK site and create 25-35 additional jobs.
Peter Coleman, Chief Executive of Cobra Biologics, commented: “Cobra is undertaking a very significant expansion of our viral and DNA manufacturing capability and we are very pleased to have received funding from Innovate UK to help accelerate our plans. The investment recognises Cobra as a leading company in the cell and gene therapy market and provides us, and the UK, with a unique opportunity to be at the forefront of developing revolutionary disease therapies and new treatments for patients.”
Minister of State for Trade and Exports, Baroness Rona Fairhead said: “The UK is a world leader in the Life Sciences industry and our advanced gene therapies offer the potential to improve dramatically the lives of millions.
“The expansion of Cobra is an exciting development. It will create further highly skilled jobs and allow Cobra to drive their exports, while demonstrating UK leadership in another industry of the future.”
Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.
In This Editon Articles - More than One Way to Hit the Bullseye - Gas Chromatography - Vacuum Ultraviolet Spectroscopy - News Bites from the UK Laboratory Industry Mass Spectrometry & Sp...
View all digital editions
Jun 26 2019 Basel, Switzerland
Jul 01 2019 Manchester, UK
Jul 03 2019 Tokyo, Japan
Jul 07 2019 Baltimore, MD, USA
Jul 09 2019 Johannesburg, South Africa