MedCity, a new subsidiary of BioCity, will provide laboratory and office space for start-up and growing life science companies in the Nottingham Enterprise Zone on the Alliance Boots site at Beeston.
The new medical science incubator will combine BioCity’s experience of creating environments for life science businesses to grow in with Alliance Boots’ long experience of the medical supply chain.
Both companies have roots in Nottingham and have played key roles in the development of the city’s life science business community.
Dr Glenn Crocker (pictured), CEO of BioCity, said: “MediCity is a timely addition to the thriving healthcare and medical technology sector in the UK. I am particularly excited by the benefits Alliance Boots market insights can bring to early-stage companies, with the potential to accelerate development and provide a possible route to market.
“We are interested in speaking to all businesses involved in health, beauty and wellness, whether they are established or still developing a concept.”
“We warmly welcome MediCity onto our site,” said Alex Gourlay, Chief Executive, Health & Beauty Division, Alliance Boots. “Alliance Boots and BioCity’s complementary expertise will attract businesses to MediCity and further enhance our existing world-class innovation hub in Nottingham.”
Alliance Boots has over 3,000 pharmacy-led health and beauty retail businesses in nine countries. BioCity manages business incubation sites in Nottingham, Glasgow and Alderley Edge.