News
More lab space is needed to support Scotland's life sciences boom
Scotland, particularly the central belt, is a powerhouse of life sciences talent. This region boasts a rich synergy between companies, universities, colleges and networks, fostering a collaborative environment that drives innovation. However, a significant challenge threatens to stifle this burgeoning sector, the acute shortage of suitable lab space.
Source: The Scotsman
Midlothian showcased in Commercial Properties Monthly
Midlothian is featured in the November issue of Commercial Properties Monthly, showcasing everything that makes it a great, green place to grow your business.
Cytomos secures £5 million for scale-up
Midlothian-based biotechnology company Cytomos has secured £5 million to scale up production of its cell analysis technology.
Cytomos said that the investment will enable it to drive sales of its first commercial product, Celledonia™, built on its cell analysis technology platform, AuraCyt, which is “already generating significant market traction.”
Cytomos secures £5 million of scale-up investment
Cytomos has raised £5m to scale up production of its cell analysis technology.
New investment will allow the Edinburgh-based biotechnology company to drive sales of its first commercial product, Celledonia, built on its cell-analysis technology platform AuraCyt.
Source: Business Insider
Cream of Scotland's dealmaking community celebrated at inaugural awards in Edinburgh
Scotland's finest corporate financiers, accountants, bankers, funders, lawyers and mergers and acquisitions professionals have been celebrated at the Scotland Dealmakers Awards in Edinburgh.
The Dealmaker of the Year was Kerry Sharp at Scottish Enterprise whose team invested £52 million into more than 100 companies over the year, leveraging in additional funding of £152m from private sector investors.
Source: Business Insider
New report launched on potential interventions to tackle foodborne pathogens on livestock farms
A new report has been launched looking at the risk factors for foodborne pathogens on livestock farms and the potential interventions that may be applied to reduce the risks. The report has been produced by Moredun Research Institute and commissioned by Food Standards Scotland and Scottish Government.
Veterinary diagnostics company opens new US lab
MI:RNA is accelerating its growth plans with the opening of a new laboratory in the United States.
The veterinary diagnostics company using cutting-edge technology and science to transform animal health diagnosis, and which originally spun out of SRUC, has secured $4 million in Series A funding.
Source: Business Insider
Swinney gives ‘cast-iron’ guarantee to return £46 million to farmers
The First Minister has given farmers a “cast-iron” guarantee to return £46m taken from the agriculture budget to combat the cost-of-living crisis.
The cash was taken in 2022 and 2023 as the country grappled with soaring costs and energy bills.
Source: Business Insider
Midlothian Strategy for Inclusive Economic Growth 2025-2030 approved
Councillors have approved the Midlothian Strategy for Inclusive Economic Growth 2025-2030, a comprehensive plan aimed at fostering a wellbeing economy that supports local residents, communities and businesses.
W2W aims to increase Scottish female angel investor numbers
Scotland’s first all-female business angel syndicate, Investing Women Angels (IWA), and its sister organisation AccelerateHER have launched a new initiative designed to attract more businesswomen into angel investing – an imperative in addressing the equity gap between male and female-led companies.