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Dover Discovery Park potential recognised with Life Sciences Opportunity Zone status

Contributed by editor on Feb 21, 2020 - 10:30 AM

 

Discovery Park at Sandwich, the thriving science park for ambitious and growing life sciences companies, has been named a Life Sciences Opportunity Zone (LSOZ) by the UK Government’s Office for Life Sciences.


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The prestigious designation reflects the Park’s strengths and growth potential, particularly across advanced manufacturing, digital and AI in healthcare. These areas are important to the future of the UK’s life sciences industry, population health and economic wealth, as highlighted in the recent Life Sciences Strategy update.

One of six new LSOZs across the UK, Discovery Park will also play an important role in developing a regional life sciences cluster.


Discovery Park’s application for LSOZ status was reviewed by industry experts and Government officials, who were impressed by its continuing development ‘with a focus on advanced manufacturing and AI and with the continued support of anchor companies such as Pfizer.’

Becoming a LSOZ will raise Discovery Park’s profile with potential investors, plus biotech, pharma and medtech tenants in the UK and globally, highlighting its collaborative community, high-specification labs and grow-on space.

Life Sciences Minister Nadhim Zahawi, said: "The UK is home to one of the strongest, most vibrant health and life science industries globally, with discoveries and improvements in health diagnosis transforming people’s lives."


Kent County Council Cabinet Member for Economic Development Mike Whiting, said: "KCC is a long-term supporter of Discovery Park’s ambitious development strategy, via investment and other activities. LSOZ status will further drive the success of this important local employer and generator of economic benefit."

Christian Brodie, Chair of South East Local Enterprise Partnership, said: "SELEP is pleased to see that the strengths and expertise at Discovery Park have been recognised, and looks forward to continuing to work with it to make the most of this new LSOZ status and the investment it will bring. Activity at the Park is in line with the emerging priorities for our Local Industrial Strategy, focussed on improving productivity through investment."

Cllr Trevor Bartlett, Leader of Dover District Council, said: "Dover District Council shares Discovery Park’s ambition to become a world class and world leading science park. Becoming a LSOZ brings recognition of its expertise and will raise its profile to achieve its goals."

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