BioOutsource to Open Glasgow Biosimilar Centre of Excellence
News Feb 05, 2014
“The global biosimilar market is predicted to more than double in size to $19 billion by 2018. The increasing demand for our biosimilars services and the addition of several new clients has made this a necessary investment for 2014, as our revenues in this market have quadrupled in the last 18 months,” commented BioOutsource CEO, Gerry MacKay. “We are delighted to announce the opening of this new, state-of-the-art Biosimilar Centre of Excellence in Glasgow.”
The Biosimilar Centre of Excellence is located on the West of Scotland Science Park in Glasgow, adjacent to the existing BioOutsource facility. The new operation will consist of approximately 40 laboratory and R&D scientists creating an estimated 20 new jobs.
“We are committed to providing our clients with excellent levels of service and technical support” continued Mr. MacKay. “In 2013 we increased our headcount by 30% as we added new services to our portfolio and we anticipate repeating this expansion in the first quarter of this year. We have now worked with no fewer than 30 global biosimilar companies who use our range of off-the-shelf assays for the comparability, stability and lot release testing of their biosimilars.”
Mr. MacKay concluded, “Importantly, we feel that our growth in this fast emerging market is driven by our extensive investments in an R&D program, which is developed and refined in conjunction with all our global clients.”
Researchers Discover Key Link Between Mitochondria and Cocaine AddictionNews
Researchers were able to block response in mitochondria to cocaine.
A Greener Way to Make KetonesNews
Researchers at McGill University have discovered a new, more environmentally friendly way to make ketones, an important chemical ingredient in pharmaceuticals. While ketones are found in a wide range of useful chemicals, they are commonly prepared through energy-intensive, multi-step technologies that create significant chemical waste.READ MORE
Comments | 0 ADD COMMENT
3rd Annual Bioprocessing of Advanced Cellular Therapies
May 29 - May 30, 2018