COMMERCIAL: The trust has submitted a planning application for a 70,000 sq ft Liverpool BioInnovation Centre, to provide commercial scale laboratory space to develop new treatments and medical technologies for the market.
A statement issued by the trust this afternoon said the centre would be the “first step towards the creation of a city centre BioCampus that will place Liverpool alongside Boston and Singapore as a leading international centre for the Life Sciences”.
It added: “Following completion of planning and [a European Regional Development Fund] funding process, work on the Liverpool BioInnovation Centre could commence as early as mid-2012 with completion expected by early 2014.
“The following phases of the BioCampus project will be delivered in concert with the construction of the new Royal Liverpool University Hospital. Partners believe that the completed 2 million sq ft development could be completed by 2025.”
Royal Liverpool chief executive Tony Bell explained: “This is an exciting and significant moment as the BioInnovation Centre is the catalyst that will enable us to realise the wider vision for the BIoCampus. The key to successful knowledge economies is being able to connect academic and specialist research assets to emerging technologies that have major market potential, which is the Silicon Valley model and it’s something that the BioCampus has been designed to emulate.”
The BioCampus will involve a partnership between the trust, the University of Liverpool, the Liverpool School of Tropical Medicine, and others.
Press release (attached)
12 January 2012