Scotland has a thriving life sciences ecosystem with strengths in oncology, genetic engineering, and industrial biotech. Let’s pick up the bagpipes as we tour the top ten companies driving the region’s biotech scene.
Scotland is the UK’s second-most populous country, boasting picturesque scenery, a rich history, and a strong focus on sustainability. There is a diverse range of biotech startups in the region, with specialists in cell therapy, antimicrobials, industrial biotech, and more.
One big name with its roots in Scotland was Synpromics, a gene therapy firm that was snapped up by the US company AskBio in 2019, which in turn was acquired by Bayer for €3.5B last year. Meanwhile, the Oxford-based drug discovery company Exscientia, which raised a mammoth €434.9M ($525M) earlier this year, began its life as a spinout from the University of Dundee.
Historically, local biotech companies have thrived with support from organizations such as the EU, the governmental agency Scottish Enterprise, and Innovate UK. Life sciences funders tapping into the region’s expertise in the last year include the UK-US venture capital firm Epidarex,
The post Scotland’s Top Ten Biotech Companies to Watch Out For appeared first on Labiotech.eu.
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