Life Sciences Hub for Cardiff
AN international life sciences hub is to be set up in Cardiff by the end of this year.
Professor Chris McGuigan will chair a task and finish group to oversee the launch of the Hub which has been designed to act as a central resource for the whole of the life Sciences sector in Wales.
The Welsh Government claims the hub will support academic, business, clinical and funding organisations to stimulate interaction, innovation, networking and collaboration.
It is expected to connect and concentrate life sciences in Wales, attract investment and opportunities and speed up the growth of the sector.
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The hub was announced tonight (19/3/13) to delegates at the BioWales 2013 conference in Cardiff by economy, science and transport minister Edwina Hart.
Professor McGuigan is Pro Vice-Chancellor for Research, Innovation and Enterprise at Cardiff University and said: "The Life Sciences Hub represents a major commitment by the Welsh Government to this sector.
"It is a central pillar in the vision to create a thriving life sciences ecosystem in Wales.
"Along with the recently announced £100 million Life Science Investment Fund this places Wales firmly on the World stage as being open for business in this key sector."
Mrs Hart said: "Our overriding aim is to grow the sector through supporting business growth, encouraging innovation and providing access to finance and expertise.
"We want to build up world class businesses in Wales and retain them in Wales.
"We have good assets and real excellence here in Wales and I want to promote and raise the profile of the sector nationally and internationally."