Two Life Science Opportunity Zones in the Midlands encourage collaboration and investment

Date posted: February 18, 2021
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Life Science Opportunity Zones will be able to attract investment from national and international businesses linking research and business expertise. The Midlands is home to two of these Zones

Birmingham Health Innovation Campus

As one of only six sites in the country to receive this designation, Birmingham Health Partners (BHP) has been recognised by Government for its world-class research infrastructure which brings together academics from the University of Birmingham, clinicians from University Hospitals Birmingham and Birmingham Women’s and Children’s NHS Foundation Trusts, and industry.

The panel was impressed by the partnership approach and BHP’s ambitious plans to catalyse growth within its established biomedical ecosystem, which already supports around 50 health and life science businesses, through the upcoming development of Birmingham Health Innovation Campus.

Due to open in 2023, it will offer high-quality laboratory, office, incubation and innovation facilities for forward-thinking businesses and will be part of an integrated, physically connected critical cluster of patient-centered health excellence.

The campus will provide cutting-edge innovation facilities, building on nationally recognised strengths in healthcare data, genomics medicine and diagnostics, medical technologies and clinical trials.

BHIC is attracting significant new inward investment to the region – including £10.8m from the Government’s Getting Building Fund (GBF) which aims to drive economic recovery post-coronavirus, and will catalyse a new high-growth health and life sciences cluster for the city and region.

BHIC is set to drive:

  • Rapid co-development, evaluation and translation of new, data-enabled therapeutics (through Birmingham Precision Medicine Centre) and medical technologies
  • Closer engagement between industry, clinicians and academics – delivering new research and commercialisation opportunities
  • High-value job creation and inward investment
  • Patient benefit, through early access to these healthcare innovations
  • New care pathways for the NHS, in the city and beyond
  • Sustained local economic growth

Charnwood Campus

Charnwood Campus is a Life Sciences Technology Park situated in Loughborough, Leicestershire, at the heart of the Midlands Engine.

It offers an environment to inspire discovery, encourage collaboration and accelerate business growth for the MedTech and biopharma community.

With world-class flexible laboratories and specialist manufacturing facilities, it offers the amenities, technical and clinical resources to meet the needs of a diverse range of businesses from a variety of sectors.

The grounds are suitable for both start-ups and established businesses, bringing innovation and expertise together.

For the latest on our region, subscribe to Midlands Matters, the official newsletter of the Midlands Engine.
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