Sector News

UCB acquires new campus to support UK operations

October 24, 2020
Life sciences

Belgian pharma company UCB has agreed to acquire a new campus to further support its operations in the UK.

The acquisition of the site in Windlesham, Surrey is expected to be completed in November 2020, and reflects UCB’s commitment to retain the UK as one of its three global hubs for research and development alongside Belgium and the US.

“I am delighted to have signed an agreement to secure this new campus for our UK hub, from which our scientists will be able to continue to develop their extensive collaborations with some of the most innovative universities, biotechs and medical research charities, bringing even greater benefit for patients,” said Jean-Christophe Tellier, chief executive officer of UCB.

UCB has projected its investment in the UK – including the new site – to be more than £1bn over five years, with the transition to this new facility set to support over 650 high-value jobs in scientific research, translational medicine, clinical development, early manufacturing and commercial roles.

Following the completion of the acquisition, the campus will undergo refurbishment prior to UCB relocating from its current UK headquarters in Slough, Berkshire.

The refurbishment will also enable UCB to execute its research plan to develop innovative treatments for patients, including gene therapies and translational medicines, as well as development of its antibody discovery platforms.

“This new UK site will not only support our ambitions for future drug discovery but will be well-placed to enable us to achieve our 2030 global sustainability goals and provides an environment which supports the physical and mental wellbeing of our people – essential to helping us thrive,” added Tellier.

By Lucy Parsons

Source: pharmatimes.com

 

Related News

May 8, 2021

BD to spin off $1B diabetes care business into standalone public company

Life sciences

BD’s new company will have the freedom to expand its portfolio of tools and technologies for the chronic care of diabetes.

May 8, 2021

Galapagos cuts pipeline, targets €150M in savings after setbacks

Life sciences

The Belgian biotech is pulling out of metabolic diseases and osteoarthritis R&D to focus on its core therapeutic areas.

May 8, 2021

Catalent snares yet another Belgian CDMO to boost fast-growing cell and gene therapy campus

Life sciences

Catalent will use its new facility for commercial production of plasmid DNA, used to make a range of biologics, including viral vectors, mRNA and cell therapies.

Send this to a friend