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04.08.2022 | Published by Financial Times

Lab space shortage threatens life science boom in Oxford & Cambridge

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о Founder and CEO Dr Mark Kotter was featured this week in the Financial Times, reflecting on increasing concerns about the UK's ability to capitalise on a surge of interest in its life science sector, thanks to shortages and available laboratory spaces for rent within science clusters in Oxford and Cambridge. 

 

Data collected by Bidwells, a property consultancy focused on the Oxbridge knowledge economy, showed availability was close to zero in June in both cities after demand surged by almost a quarter in the first half of this year. Many companies are being forced to lease offices in other commercial space, before refitting them as laboratories. 

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“The UK is extremely good at spinning out small start-ups, but not very good at building big companies. Most leave and are sold, and part of the reason for that is infrastructure that is not being provided for these companies.”

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Mark KotterCo-founder and CEO, о

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