Corporate Banner
Satellite Banner
Technology
Networks
Scientific Communities
 
Become a Member | Sign in
Home>News>This Article
  News
Return

Stem Cell Firm Selects Newcastle for European Base

Published: Friday, February 08, 2008
Last Updated: Friday, February 08, 2008
Bookmark and Share
RNL Bio has signed an initial 12 month tenancy agreement for a unit at the ‘Cels at Newcastle’ bio-incubator at Newcastle University's Medical School.

A Korean biotechnology company has opened its European division at Newcastle University to develop its stem cell research programme.

RNL Bio was established in Korea in 1961 and specializes in stem cell research as well as developing therapeutic products and regenerative medicine. The firm currently employs around 85 members of staff and has been brought to the North East following a joint venture between One NorthEast, the North East Stem England Cell Institute (NESCI) and Cels, the organization driving the growth of the North East’s healthcare economy.

RNL Bio has signed an initial 12 month tenancy agreement for a unit at the ‘Cels at Newcastle’ bio-incubator at Newcastle University's Medical School. The move is set to create three jobs in the sector in the coming weeks and aims to create around 14 new roles in the future.

The firm will use its Newcastle base to develop stem cell therapy products for diseases by isolating and culturing stem cells derived from a range of sources. They are also funding research projects in the laboratories of the North-East England Stem Cell Institute (NESCI).

RNL Bio is also currently conducting research at its site in Korea to develop a new product developed from a herb for the treatment of diabetes.

Professor Michael Whitaker, Dean of Development in the Faculty of Medical Sciences at Newcastle University and co-Director of NESCI, said: “This is an important inward investment opportunity for the North-East – we hope the first of many in stem cells. We are very pleased to welcome RNL Bio to the incubator space operated by CELS at the Medical School. Scientists and clinicians in NESCI will be working closely with RNL Bio to help them realize their ambitions in Europe.”

Ben Fisher, Investment & Aftercare Specialist Advisor at One NorthEast said: “We are delighted that RNL Bio has decided to open its European hub in the North East as this is testament to the incredible work in stem cell technology that is already taking place in the region.

“The inward investment team at One NorthEast visited the company at its headquarters in Korea to sell the benefits of the region and then worked closely in coordinating regional bodies to secure the commitment of RNL Bio. This investment is of international importance and is fantastic news for the region.”


Further Information
Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 2,500+ scientific posters on ePosters
  • More Than 3,700+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.

Related Content

Funding from Charity for New Treatments to Silence Tinnitus
Researchers are currently conducting a clinical trial of a drug for tinnitus.
Friday, February 06, 2015
Damaged Protein Could be Key to Premature Ageing
Scientists have found that the condition of key proteins in the mitochondria -the batteries of cells- could be used to predict, and eventually treat premature ageing. And restricting diet could be one way of making this happen.
Wednesday, May 14, 2014
Stem Cell Research Could aid Male Infertility
Study helps scientists to understand more about how animals produce sperm.
Wednesday, July 12, 2006
Scientific News
Liquid Biopsies: Utilization of Circulating Biomarkers for Minimally Invasive Diagnostics Development
Market Trends in Biofluid-based Liquid Biopsies: Deploying Circulating Biomarkers in the Clinic. Enal Razvi, Ph.D., Managing Director, Select Biosciences, Inc.
Lab-on-a-Chip Offers Promise for TB and Asthma Patients
A device to mix liquids using ultrasonics is the first and most difficult component in a miniaturized system for low-cost analysis of sputum from patients with pulmonary diseases such as tuberculosis and asthma.
Intracellular Microlasers Could Allow Precise Labeling of up to a Trillion Individual Cells
MGH investigators have induced structures incorporated within individual cells to produce laser light at wavelengths that differ based on the size, shape and composition of each microlaser, allowing precise labeling of individual cells.
Real-Time Imaging of Lung Lesions During Surgery
Targeted molecular agents cause lung adenocarcinomas to fluoresce during surgery, according to pilot report.
Watching a Tumour Grow in Real-Time
Researchers from the University of Freiburg have gained new insight into the phases of breast cancer growth.
Protein Related to Long Term Traumatic Brain Injury Complications Discovered
NIH-study shows protein found at higher levels in military members who have suffered multiple TBIs.
Childhood Cancer Cells Drain Immune System’s Batteries
Cancer cells in neuroblastoma contain a molecule that breaks down a key energy source for the body’s immune cells, leaving them too physically drained to fight the disease.
Urine Proteins Point to Early-Stage Pancreatic Cancer
A combination of three proteins found at high levels in urine can accurately detect early-stage pancreatic cancer, researchers at the BCI have shown.
Researcher Discovers Trigger of Deadly Melanoma
New research sheds light on the precise trigger that causes melanoma cancer cells to transform from non-invasive cells to invasive killer agents, pinpointing the precise place in the process where "traveling" cancer turns lethal.
New Vaccine For Chlamydia to Use Synthetic Biology
Prokarium Ltd, a biotechnology company developing transformational oral vaccines, have announced new funding from SynbiCITE, the UK’s Innovation and Knowledge Centre for Synthetic Biology.
Scroll Up
Scroll Down
Skyscraper Banner

Skyscraper Banner
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
2,500+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
3,700+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FREE!