Bio19 World Insight June 2019
A report on some of the UK's life science organisations attending the BIO2019 exhibition
A report on some of the UK's life science organisations attending the BIO2019 exhibition
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4 | <strong>Insight</strong> | worldinsight.co.uk<br />
An independent supplement by world insight<br />
Longevity economy in the UK<br />
being pioneered in Newcastle<br />
A city region that<br />
invented the light<br />
bulb has continued to<br />
innovate to this day<br />
and now finds itself a<br />
test bed for research<br />
into healthy ageing<br />
By Mike Cowley<br />
Newcastle in the<br />
North East of England may<br />
not be particularly well<br />
known to the US public at<br />
large, but it is punching way<br />
above its weight in terms of<br />
investment interest from the States.<br />
This is because the city is now seen<br />
by the global life science community<br />
as the regional center of a cluster of<br />
growing importance combined with<br />
its position as a unique test bed for<br />
research into healthy ageing.<br />
In terms of ageing, it is now<br />
recognized as a world leader in the<br />
sector which is increasingly causing<br />
global concern, and this has seen it<br />
develop close working relationships<br />
with counterparts at the Massachusetts<br />
Institute of Technology (MIT)<br />
AgeLab.<br />
Last year, Newcastle led a<br />
delegation to Boston, built around<br />
the North East’s expertise in ageing,<br />
nutrition, digital, science and tech<br />
with the aim of building strategic<br />
partnerships and sharing strengths.<br />
This led to the founder of the MIT<br />
AgeLab, Professor Joseph F Coughlin<br />
returning to Newcastle for five days to<br />
meet the region’s innovators. During<br />
his stay, he discussed the region’s<br />
knowledge and expertise in ageing,<br />
data science and urban partnerships.<br />
Both visits explored academic, civic,<br />
and business opportunities for growth<br />
and collaboration.<br />
With ageing now very much at<br />
the top of the global health agenda,<br />
Newcastle has taken the lead in<br />
considering economic opportunities<br />
and the challenges of supporting an<br />
ageing population, to help transform<br />
the quality of life for families,<br />
communities and the city.<br />
Newcastle University, one of the<br />
leading research-intensive Russell<br />
Group Universities in the United<br />
Kingdom, is at the forefront of the<br />
fight back against the issues presented<br />
by an increasingly elderly population<br />
with its Campus for Ageing and<br />
Newcastle is a world leader for research into healthy ageing. Inward Investment Director Jen Hartley (below) says the city is one of the UK’s most competitive business locations<br />
Vitality, widely recognised as one<br />
of the strongest assets in Europe for<br />
expertise in the field.<br />
The university’s reputation in<br />
the field has been enhanced in that<br />
it has devised a new model for<br />
developing, testing and bringing to<br />
market products and services that will<br />
improve quality of life.<br />
With co-investment from the UK<br />
Government, it launched the National<br />
Innovation Centre for Ageing (NICA)<br />
alongside the National Innovation<br />
Centre for Data (NICD).<br />
Whereas research into ageing is<br />
seen as a key strength for Newcastle,<br />
there is little doubt that this is in part,<br />
due to it being the capital of the North<br />
East and the region’s $1.4 billion life<br />
science ecosystem.<br />
The North East is home to one of<br />
the UK’s largest NHS trusts, with<br />
more specialist services than any other<br />
group of hospitals outside London.<br />
Newcastle Hospitals NHS Trust has<br />
also been recently rated “outstanding”<br />
for a second time, being just one of<br />
five in the country to get this rating<br />
twice.<br />
As such, it has developed a<br />
global reputation as a hot spot for<br />
clinical trials supported by pioneers<br />
at Newcastle and Northumbria<br />
Universities.<br />
The city is also home to the<br />
International Centre for Life<br />
established in 2000, where clinicians<br />
are pioneering science, particularly<br />
in the fields of genetics and fertility<br />
treatment, leading with the first threeparent<br />
IVF treatment.<br />
The city’s Freeman Hospital is also<br />
renowned for performing the first<br />
successful UK infant heart transplant<br />
in 1987.<br />
“We are one of<br />
the UK’s most<br />
competitive places<br />
to do business”<br />
More than 200 life science and<br />
healthcare companies base themselves<br />
in the region, including Newcastleheadquartered<br />
QuantuMDx, who are<br />
providing transformative diagnostics<br />
and benefited from collaborating<br />
with Northumbria and Newcastle<br />
Universities, both world-leading in<br />
their fields.<br />
“Locating our HQ in the innovative<br />
North East – in preference to the<br />
‘biotech golden triangle” of Oxford/<br />
Cambridge/London – was a conscious<br />
decision,” says Elaine Warburton,<br />
QuantuMDx’s chief executive.<br />
“When we arrived in Newcastle<br />
in 2012, we found a city with an<br />
incredible genetics network alongside<br />
an excellent network of academic,<br />
industrial and key opinion leaders, all<br />
seeking to support a forward-looking<br />
young biotech company, with a global<br />
vision, that wanted to change the<br />
world. Newcastle and Northumbria<br />
Universities focus on this skill set<br />
offering numerous high-calibre<br />
graduates and postgraduates from<br />
all scientific disciplines including<br />
engineering, biology, chemistry and<br />
software development.”<br />
Such is the potential for this<br />
company that they’ve collaborated<br />
with key US partners including<br />
Intellectual Venture’s Global Good and<br />
the Bill & Melinda Gates Foundation.<br />
And QuantuMDx finds itself in<br />
good company in the area, with global<br />
companies such as P&G, Accord<br />
Healthcare, Nonlinear Dynamics (A<br />
Waters Company), MSD, Leica and<br />
Piramal located there.<br />
Jen Hartley, Inward Investment<br />
Director, Invest Newcastle, sums<br />
it up by saying: “The city has a<br />
vision to help people live well and<br />
independently for longer, adapting and<br />
creating new products and services<br />
to meet the needs of an ageing<br />
population.<br />
“With strengths in life science, we<br />
are seeing so many innovations and<br />
ideas that can improve health and the<br />
quality of life as we age.<br />
“We are one of the UK’s most<br />
competitive places to do business,<br />
but that isn’t just what is attracting<br />
businesses to our region, it’s our<br />
unique ecosystem, the talent and<br />
world-class research that is unpinned<br />
by an experienced and supportive<br />
business community.<br />
“Our city is fast becoming a test<br />
bed for innovation, and more and more<br />
businesses want to be part of that.”<br />
Newcastle is a city that thrives on<br />
fresh ideas. It is the city that really did<br />
invent the light bulb – and now it is<br />
ready to invent the future.<br />
To find out more about this UK<br />
city, contact Invest Newcastle on +44<br />
(0)191 440 5761,<br />
email invest@ngi.org.uk or visit<br />
www.investnewcastle.com<br />
Newcastle Helix fast becoming a hotspot for global innovation<br />
The $65m<br />
building<br />
Newcastle Helix is a $456 million<br />
flagship development site that<br />
brings together a community<br />
of academics, industry leaders,<br />
businesses, top researchers<br />
and citizens.<br />
The site of a former brewery<br />
– home of the famed Newcastle<br />
Brown Ale – the 24-acre site is<br />
the UK’s biggest urban<br />
development of its kind outside<br />
of London, combining prestigious<br />
commercial and residential space<br />
with first-class research and<br />
education facilities.<br />
It is being delivered through<br />
unique public and private sector<br />
partnership between Newcastle<br />
City Council, Newcastle University<br />
and Legal & General.<br />
Fast becoming a landmark<br />
location for science, technology,<br />
business, living and leisure,<br />
Newcastle Helix is already<br />
home to The Core, a sevenfloor<br />
building where digital<br />
and innovation-led SMEs<br />
are based and the Urban<br />
Sciences Building, designed for<br />
teaching, laboratory research,<br />
events and testing real-time<br />
smart technologies for urban<br />
sustainability.<br />
A brand new lab facility<br />
“The Biosphere” has also just<br />
opened its doors to ambitious<br />
companies within life science<br />
and innovation, research and<br />
development.<br />
A welcome addition to the<br />
Newcastle Helix property<br />
portfolio, further enhancing its<br />
profile as a hotspot for life science<br />
and global innovation.<br />
For the life science sector, the<br />
site’s proximity to Newcastle upon<br />
Tyne Hospitals NHS Foundation<br />
Trust and within an hour’s drive,<br />
life science businesses have<br />
access to assets that support the<br />
entire bench to bedside pathway.<br />
Construction is also well under<br />
way for a new $38m teaching<br />
and learning hub “The Frederick<br />
Douglass Centre” and a<br />
$65m building “The Catalyst”<br />
that will house three national<br />
facilities – the National Innovation<br />
Centre for Ageing, National<br />
Innovation Centre for Data,<br />
and the National Institute for<br />
Health Research Innovation<br />
Observatory, a world-first in using<br />
big data analytics and machine<br />
learning to study global health<br />
innovation.<br />
This development is fast<br />
becoming a test bed for new<br />
ideas, innovative technologies and<br />
solutions that will addresses some<br />
‘The Catalyst’<br />
of the most pressing challenges<br />
facing cities around the world. All<br />
24-acres is dedicated to helping<br />
everyone live better lives, now<br />
and in the future.<br />
To find out more, visit www.<br />
newcastlehelix.com