Innovative partnerships celebrated at launch of new Biomedical Centre of Excellence
Chancellor of the Exchequer George
Osborne has today launched Citylabs, MSP's £25 million
redevelopment of the Grade II listed former Manchester Royal Eye
Hospital, at a celebratory event alongside its partner and
originator, Central Manchester University Hospitals NHS Foundation
Trust (CMFT), and a host of other clinical, commercial, NHS and
The 100,000 sq ft biomedical centre of excellence is the first
new build for MSP since the organisation joined forces with
property partner and majority shareholder Bruntwood. Citylabs will
provide world-class facilities to attract world-class companies,
offering a truly multifunctional space for a range of businesses in
the life sciences sector. Its location, in the heart of this
innovative and dynamic area of Manchester, will contribute to the
growing clinical and scientific ecosystem in the North West.
The project, which has been part funded by the ERDF (European
Regional Development Fund), with senior debt provided by Lloyds
Bank and the North West Evergreen Fund, will create and safeguard
306 jobs and contribute £57 million Gross Value Added (GVA) to the
Manchester City Region economy.
The launch event also provided the opportunity for MSP, which
will now be known as Manchester Science Partnerships, to unveil its
new branding. The company, previously known as Manchester Science
Parks, has realigned its brand in recognition of the collaboration
which is at the heart of its approach.
Chris Oglesby, Chairman of MSP, said: "Citylabs is the
embodiment of the partnerships that drive investment and innovation
in this city. It is only by working with partners in the NHS and
industry that the right environment for investment, growth and
discovery in science can be fostered. Today we are celebrating more
than just a building. We are celebrating the idea that through
partnership, great innovation can be achieved.
"That is why we have changed Park to Partnerships in our name.
This organisation is about more than the bricks and mortar of its
buildings, it is about working with partners to deliver the right
conditions for world-leading innovation that can drive forward the
national and international health agenda."
Chancellor of the Exchequer, George Osborne said: "Citylabs is a
fantastic initiative and I am delighted to be able to launch this
exciting project. This is an excellent example of partnership
between academics, clinicians and industry driving innovation and
investment in health sciences. Scientific research and development
is at the heart of building the Northern Powerhouse and it is
initiatives like this that will help drive a resilient recovery and
create sustainable economic growth."
Sir Michael Deegan, Chief Executive of Central Manchester
University Hospitals NHS Foundation Trust, said: "Our major site
redevelopment enabled us to bring together specialist clinical and
research staff and provided the opportunity to transform the former
Royal Eye Hospital into this amazing facility we have here
"We worked with a range of partners to develop this research and
innovation hub in the middle of the largest clinical academic
campus in Europe. Research is at the core of our
organisation's mission and because of our large numbers of patients
receiving a vast range of specialist treatments, it provides a
great opportunity to work with research and innovation companies to
develop devices and products which can be rapidly available to the
benefit of patients."
Attendees at the event heard speeches from Chris Oglesby,
Chairman of MSP, and Sir Michael Deegan CBE, Chief Executive of
CMFT, as well as a key note speech from Chancellor George Osborne.
As part of proceedings, Rowena Burns, Chief Executive of MSP,
chaired a panel discussion on the theme of 'Innovation through
Partnership,' with: George Freeman MP, Minister for Life Sciences;
Professor Dame Nancy Rothwell, President and Vice Chancellor of The
University of Manchester; Sir Richard Leese, Leader of Manchester
City Council; and Nick Costa, Director of Nuffield Health.