Edinburgh BioQuarter’s £24 million bio-incubator and multi-occupancy building, known as Nine, has secured its first tenant – Edinburgh-based life sciences company, Fios Genomics.
Fios Genomics is a leading bioinformatics company providing biomarker analysis services for applications in drug discovery and development, diagnostics and human health. The company will occupy over 700 sq ft of the 85,000 sq ft facility.
Since 2008, Scottish Enterprise has supported the efforts of Fios Genomics by providing integrated tailored business growth assistance including help to market overseas, website development, innovation support including a SMART: SCOTLAND award, and assistance for a £0.5 million equity investment round led by Archangel Informal Investments, with co-investment from Scottish Enterprise through its investment arm, the Scottish Investment Bank.
Currently based at the Edinburgh Technology Transfer Centre at the University of Edinburgh’s Kings Buildings campus, the company’s decision to move to Edinburgh BioQuarter supports its expansion plans and provides a high calibre environment to deliver its international growth ambitions.
The full press release is available from the Scottish Enterprise Media Centre
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