Biotech firm creates jobs in Quorum Park expansion
A biotech firm is creating jobs in a headquarters expansion.
HistoCyte Laboratories has doubled floor space at Newcastle’s Quorum Park.
Bosses say the move will support ten new jobs and expand production capacity.
They add the 4000sq ft space, in Quorum Park’s Neon building, will also allow the business, which develops medical testing products, to install large tissue culture laboratories, a cold room and increase storage space.
Colin Tristram, HistoCyte Laboratories’ chief executive, said: “Since moving to Quorum Park in 2019, our sales have grown by approximately 30 per cent each year, and while our headcount has grown with demand, the premises haven’t.
“Until now.
“Our new large tissue culture laboratories are where we will grow cells for our products, and there will be a cold room for raw materials and finished stock, as we will create our packaging and distribution point here.
“There will be a write up area for scientists, as well as histology space, where we will process the cells and cut material on to microscope slides.”
The firm, which has a 20-strong team, secured its expansion through landlord Shelborn Asset Management.
Mark Rabinowitz, Shelborn Asset Management director, added: “We wish HistoCyte every success in the years ahead.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future