Babraham Research is set to acquire 50,000 square feet of office space in London, all thanks to Imperial College London.
Imperial College London is about to build a large amount of office space as well as laboratories at Babraham Research to develop new opportunities to scale-up their work. Biopharmaceutical company, Abzena is set to be one of the first tenants in the new office space.
This office development is set to expand the Imperial College London’s capability to support technological advances and science based companies, escalating the extent of research from universities.
Dr Eulian Roberts from the Imperial College ThinkSpace stated: “We want to see more of Imperial’s ideas out in the marketplace, creating value and transforming lives.”
The Biological Sciences Research Council, or BBSRC, along with Babraham Bioscience Technologies (BBT), and Imperial College London have all signed a long term lease at the research campus.
BBT’s chief executive, Derek Jones, said: “Imperial College building a facility on the campus strengthens the pre-eminent position of the Babraham Research Campus in the Cambridge bio cluster and provides opportunities for Imperial College spin outs and established regional companies to work together. It really is a step-change for the campus.”
The new office building is set to be finished towards the end of 2016.
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