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New world-leading precision medicine campus set to open in Manchester

Friday July 13th, 2018

Proposals have been announced to create a world-leading precision medicine campus in the Corridor Manchester Enterprise Zone, located within the UK’s largest clinical academic campus – Manchester University NHS Foundation Trust.Government Opportunities

Greater Manchester’s ground-breaking partnership between academia, industry and the NHS – Health Innovation Manchester – has been working with global diagnostics firm QIAGEN on a joint project which will create and support up to 1,500 jobs – adding almost £150m to Manchester’s economy over a decade. The collaboration will also bring fast-tracked real health benefits to Manchester and Greater Manchester residents, and ultimately people nationally and internationally, through access to new tests and targeted treatments developed through pioneering research.

The proposals have been welcomed by Manchester and Greater Manchester civic, academic and health leaders.

Manchester City Council, Wednesday 11 July, approved a one-off investment of up to £21 million, underwritten by life science enterprise zone business rates, as part of a public sector funding package to support a programme of research and development. Greater Manchester Combined Authority have already agreed to provide £3 million of loan funding.

This will confirm Manchester as a world leader in this vital emerging industry with enormous growth potential. The Life Sciences sector already contributes more than £10.8 billion a year to the UK economy and was identified in the Northern Powerhouse Independent Economic Review as one of the North of England’s key strengths and opportunities and in the government’s industrial strategy as a huge opportunity. Manchester is already a UK flagship for life sciences, with major innovation hubs in the Corridor Manchester Campus and nearby Alderley Park.

The benefits for Manchester and its people from this one-off investment will be twofold – delivering health benefits for residents by enabling strides to be taken in the prediction and prevention of disease through new diagnostic tests which enable earlier detection of disease and development of personalised treatments, and by supporting and creating jobs in the city’s economy. This investment will directly create around 250 jobs and safeguard an extra 215 while supporting more than 1,000 more indirectly across Corridor Manchester – adding an anticipated £140m to Manchester’s economy over a decade. It will anchor the life sciences sector, acting as a market for related small and medium-sized enterprises as part of an Applied Health Innovation Campus and reinforcing the city’s reputation at the cutting edge of innovation.

Greater Manchester’s unique health and social care devolution arrangements will enable patients to benefit more quickly from new tests and medicines and access to clinical trials.

Sir Richard Leese, Leader of Manchester City Council, said: “This will help confirm Manchester as a world leader in this vital emerging industry with enormous growth potential. This is an opportunity that as a city we cannot afford to miss. It’s a win-win – not just creating a raft of new highly skilled health science jobs and an economic boost but crucially also opening up revolutionary new health benefits for people here. Manchester’s future success depends on building on our distinctive strengths and life sciences definitely falls into that category.”

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