BioCity Nottingham Ltd has opened a second building on its Pennyfoot Street site in Nottingham - just three years after the official opening of its first BioIncubator and Innovation Centre.
The building has been named ‘The Stewart Adams Building‘ in memory of the Boots scientist who led the team that discovered Ibuprofen on the site of the BioCity.
BioCity was formed in November 200 2 by Nottingham Trent University, the University of Nottingham and the East Midlands Development Agency.
The site was originally gifted to Nottingham Trent University by BASF plc and the company specialises in developing bioscience and healthcare related incubation and innovation facilities.
BioCity is currently home to some 40 businesses with a further seven in the new Stewart Adams Building which has added a further 3,000 sq m of space to the existing 5,000 sq m. The new building will specialise in medicinal chemistry and pharmaceutical and it is already fully occupied with a waiting list of potential clients.
Work on the building was part funded by EMDA and the Greater Nottingham Partnership (European Regional Development Fund), which between them contributed approximately £3 million towards the costs.
Dr Glenn Crocker, chief executive of BioCity commented, “The opening builds on the incredible strength in pharmaceutical development that exists in the Nottingham area. Several of the companies that have moved in have outgrown our phase one development and I am delighted that we have been able to continue to provide for these success stories.”
Simon Potts, Boots healthcare commercial director said, “We’re delighted that BioCity have named this building after Dr Stewart Adams. Nottingham and Boots has a long history of healthcare innovations and we’re proud to be supporting future healthcare developments in Nottingham.”
Sue Kirby, EMDA’s policy and communications director, said: “BioCity is a fantastic example of how entrepreneurial activities contribute to a flourishing region. The capacity of businesses to innovate is linked to their long term sustainability and growth.”
Greater Nottingham Partnership chief executive Martin Gawith said “ The project is proof of the skills and ingenuity of the science community in Nottingham.” Bio City is great illustration of Nottingham’s ability to succeed in the 21st century as a leading Science City.”
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