Life Sciences and Healthcare | MIDAS

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NEWS 9th December 2016

MANCHESTER ATTRACTS GROWING FINTECH FIRM FROM ISRAEL

In the year that saw Forbes confirm Manchester’s status as a strong FinTech hub, the city has attracted yet another business into its domain with the arrival of Israeli specialists in global payments solutions, Fibonatix. This makes it the second Israeli company to establish themselves in Manchester in a matter of weeks, following the recent…

What people are saying

“Manchester has a real pull for businesses to come and set up here.”
David Emery
IBM Vice President for General Business North

Life Sciences and Healthcare

Manchester is serious about healthcare. We’re building the best medical facilities for our citizens and the most advanced research environments for our businesses. Manchester now has Europe’s largest clinical academic campus following a billion pounds of investment. We’re home to several medical research institutes; Europe’s biggest cancer treatment centre and the largest clinical trials unit in the world.

New opportunities include the flagship re-development of the Former Royal Eye Hospital into Citylabs: a 94,000 sq. ft. state of the art bio-medical facility at the heart of the Oxford Road Corridor which will be the new home for Icon and other health and biotech SMEs and the development of a 200-acre MediPark as part of the Manchester Enterprise Zone to accommodate the world’s leading healthcare players. Manchester is home to more working Nobel Prize-winners than Oxford and Cambridge combined. It’s the city of choice for more than 200 biomedical companies, and provides easy access to AstraZeneca, Gen-Probe, and Eli Lilly, who are based in the region.

At the heart of the city’s Knowledge Quarter, in an area commonly now known as ‘The Corridor’, sits Manchester Science Partnerships (MSP), an internationally renowned science park home to over 170 companies in the life science, bio technology, ICT and digital and creative sectors. Housed within Europe’s largest clinical and academic campus, MSP is anchored by a set of partnerships between the universities, hospital trusts and the city council enabling it to provide dedicated support services and networks for developing life science companies, including commercialisation and incubation, knowledge exchange, access to finance, links with growth accelerators and cross-sector collaboration.

In addition to the Science Park, our Biomedical Research Centre cements our position as Europe’s largest clinical academic campus thanks to large scale recent investment in four brand new hospitals and university facilities. With a major focus on oncology, we have the world’s second biggest cancer centre, The Christie, treating more than 40,000 patients a year and the largest clinical trial unit in the world.

As a vibrant and cosmopolitan city, Manchester attracts world-class medical talent. The University of Manchester is one of Europe’s leading centres for health science, ranking number one for cancer, dentistry, nursing and midwifery and produces more than 5,000 medical graduates each year. We have particular strengths in tissue repair and wound healing; clinical trials capabilities; neuroscience research; and bioinformatics. Manchester offers opportunities to invest in accelerating innovation, collaboration and partnering with research and delivery, through to commercialisation.

Links to Manchester’s digital and IT expertise are creating opportunities around eHealth and mHealth; a key factor in the city being the flagship ecosystem in Europe for mhealth applications. The world’s most advanced MediPark is being built next to Manchester Airport. It will provide a home for new medical technology, biomedical, medical device and pharmaceutical companies in a unique setting and Enterprise Zone incentives.

To find out about the life sciences and healthcare sector in Greater Manchester, please contact:

Dan Storer, Director of Business Development: Daniel.Storer@midas.org.uk

Daniel Storer

Director of Business Development

Specialist in the life sciences and health care sector

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