The move sees the relocation of the front end of the Almac Group’s Peptide and Protein Technology department who provide expert peptide custom synthesis and process development services for the biotech and pharmaceutical sectors globally. As existing clinical programmes approach commercialisation, and as preclinical demand increases for Almac’s peptide specialist services, the move ensures Almac is ideally placed to bring new products and services to the market.
Almac’s recently announced strategic alliance with TTP Labtech in the area of Fluorescence Lifetime technology is illustrative of the increasing demands for these specialist services and the move offers ample expansion opportunity to support Almac’s plans to double their workforce in Scotland within the next three years.
Edinburgh Technopole, which is a member of the Edinburgh Science Triangle, is a unique business park located less than 20 minutes from Edinburgh airport offering flexible solutions to dynamic companies and has a thriving on-site scientific community. Neighbouring science campuses mean Almac will be at the centre of an established life sciences hub providing access to a wealth of expertise and knowledge.
"Almac is dedicated to constantly improving the range of innovative offerings to ensure the highest level of customer service in response to growing demand. This move to Technopole allows us to expand our capability enabling us to secure and build upon our position as a leading provider of cutting edge peptide synthesis and protein engineering services.” said Dr Stephen Barr, President & Managing Director of Almac’s Sciences Business Unit.
The move, supported by £450,000 investment from Scottish Enterprise, represents a £3.5 million investment in bespoke laboratories, offices and equipment. The investment signifies Almac’s growing commitment to serving clients with high quality products and services based around peptide technology.
Chris Mitchell, Associate Director of LaSalle Investment Management, Asset Manager for BEST Network and its member locations said:
We are delighted to have been able to attract a company with the reputation of the Almac Group to Edinburgh Technopole. The ecosystems of the sectors to which Almac provides services are major growth areas and as a result, are of huge importance to the Scottish economy. The decision by Almac to take space at Edinburgh Technopole is a further example of the park’s excellent reputation for nurturing specialist industries.”
LaSalle Investment Management can provide an unrivalled level of quality and flexible service to prospective tenants looking to grow and we hope to make further announcements in the near future. As part of the BEST Network, our tenants are also part of a virtual cluster with similar companies across the UK helping them to expand their business and create new relationships.”