UK research campus expands; FDA clears NGS test for tumors; Orphazyme raises €80 million IPO
→ One of the leading bioscience hubs for R&D in the UK, Babraham Research Campus, got the OK from city planners to add two new buildings as part of an expansion funded by life science property giant BioMed Realty. Earlier this year, BioMed announced it would make a £35 million investment in the campus to build 108,000 square-feet of lab and office space called BioMed @ Babraham. The research campus already has about 1,200 workers and 60 early-stage life science companies on campus, along with the biomedical research center Babraham Institute. The new buildings will support growing companies that want to remain part of the Babraham Research Campus community, but need a larger space than are currently available. Once the project is finished, it will bring San Diego-based BioMed Realty’s total presence in Cambridge, UK to 860,000 square feet. The expansion is due for completion in 2019.
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