Global drug development business announces expansion into York facility
Covance, the drug development business, has announced plans to expand operations into York.
The business, which is currently based in Harrogate, will be expanding into the National Agri-Food Innovation Campus (NAFIC) which is purpose-built for laboratory and scientific services.
Opening in late 2017, the laboratory extension in York will allow Covance expand its biopharmaceutical chemistry, manufacturing and control (BioPharmCMC) capabilities.
The business, which is a subsidiary of Laboratory Corporation of America Holdings, will then be able to serve the global demand for large-molecule (biologic) medicines, including antibodies, vaccines, biosimilars and cell-based and gene therapies.
John Ratliff, chief executive officer of Covance, said: “Covance is a recognized leader in providing global BioPharmCMC solutions, in large part due to its reputation for operational, service and scientific excellence at our Harrogate facility.
“By investing in the Harrogate BioPharmCMC expansion into nearby York, we continue to strengthen our leadership in this space, providing our clients with the end-to-end expertise and support they need from our highly skilled scientists to improve health and improve lives of patients around the world.”
Greg Hands, U.K. minister of state for trade and investment, added: “This investment by Covance in new laboratories at the National Agri-Food Innovation Campus in York is another boost for the U.K.’s £64bn life sciences and biopharma sectors.
“It will add more high-skilled jobs to the approximately 1,000 Covance employees already in Harrogate and strengthen the U.K.’s leadership in the discovery and development of new medicines and treatments for use around the world.”
Roger Marsh OBE, Chair of Leeds City Region Enterprise Partnership, also commented: “I’m delighted to see Covance not only recommit its future to the City Region but make a substantial new investment here.
“I believe that these new laboratories in York are a testament to the confidence in the City Region and our life sciences sector.
“This investment by one of the global leaders in drug development will ensure that our City Region remains at the forefront of the sector and recognises the unique ecosystem which makes it a world leading destination for healthcare and life science businesses.
“We at the Leeds City Region Enterprise Partnership (LEP), were happy to support Covance with this expansion in our region.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans