ONE BioHub launches, marking a new life sciences research commercialisation milestone for the region

Officially opened today, the £40 million ONE BioHub is the iconic new location for life sciences in Aberdeen.

Created to inspire ambition, give scientists and innovators skills and knowledge to turn research and innovation into businesses, and supporting them on the entrepreneurial journey, ONE BioHub will provide start-up, spinout and scaling life sciences businesses, tackling modern health challenges with incubator laboratories and offices, fully customisable grow-on space, commercialisation and growth programmes, and access to mentors, expert networks and investors.

The new-build industry innovation hub is a focal point for action and investment to diversify the economy and maximise the impact of science and technology from within life sciences companies, the University of Aberdeen, Robert Gordon University and NHS Grampian. It will accommodate up to 400 bio-entrepreneurs at full occupancy.

An Aberdeen City Region Deal innovation project, ONE BioHub is led and co-funded by Opportunity North East (ONE) with funding from the UK Government, Scottish Government and Scottish Enterprise. The University of Aberdeen and NHS Grampian are strategic partners and have provided the site for the facility in the heart of Aberdeen’s Foresterhill Health Campus.

Professor George Boyne, Principal and Vice-Chancellor of the University of Aberdeen, said: “ONE Biohub recognises the leading life sciences research expertise we have here at the University of Aberdeen and across the region and will help nurture that expertise and take it closer to market which in turn will contribute to health, wellbeing and prosperity.

“The University of Aberdeen is enhancing its support for commercialisation of research and we are excited by the role that ONE Biohub can play in accelerating our impact on the life sciences sector.”

Sir Ian Wood, chair of ONE, said: “ONE BioHub will be the transformational place in the north-east of Scotland for the entrepreneurial life sciences community and growth sector to meet, share, learn, start up, innovate and grow.

“It will be a new game-changing technology and business cluster in Aberdeen, accelerating life sciences commercialisation, translating research into solutions in the market, improving health and wellbeing, creating high-growth businesses and high-value jobs, and harnessing the potential of science, technology and innovation to diversify the economy. This adds an exciting new business dimension to our economy.”

Formally launching ONE BioHub to the life sciences community, partners and stakeholders this morning, Scottish Government Innovation Minister Richard Lochhead said: “ONE BioHub will be a tremendous asset for the north-east and the whole of Scotland. It will allow the already thriving life sciences cluster in the region to continue growing, innovating and succeeding. This includes important work in developing innovative treatments for conditions like Alzheimer’s Disease and cancer.

“This reflects the key role that life sciences have in our National Strategy for Economic Transformation and forthcoming National Innovation Strategy. And the partnership working that has made ONE BioHub possible exemplifies what is needed for the successful transformation of our economy.

“That is why the Scottish Government has invested £10 million in BioHub through the Aberdeen City Region Deal.”

UK Government Minister for Scotland, Malcolm Offord, said: “This fantastic ONE BioHub facility is an important new platform for the region’s life sciences industries, and I have no doubt that it will rapidly forge an international reputation for excellence.

“The products developed here will improve lives and reduce pain and suffering worldwide, while the companies based here will bring high quality jobs and investment to the local community. The UK Government has invested £10 million in the BioHub, part of our £2.3 billion support for levelling up right across Scotland.”

Alison Evison, Chair of NHS Grampian, said: “We are delighted that our partners in innovation will be here on the Foresterhill Campus. This cements our commitment to exploring new and innovative ideas with industry and life sciences within our healthcare systems.”

Notes for Editors

Notes for Editors

Image: The ONE BioHub is set to accelerate life sciences research, commercialisation and business growth in the region. Sir Ian Wood, Deborah O’Neil, Jennifer Craw and Richard Lochhead MSP outside the new ONE BioHub building

Taken from the University of Aberdeen, School of Biological Sciences website. The University of Aberdeen published this article here on 29 May 2023.

Referencehttps://www.abdn.ac.uk/sbs/news/17048/
PublishedMonday May 29th, 2023