Tepnel starts Construction of new state-of-the-art Scottish Laboratories

31-Jul-2006

Tepnel Life Sciences PLC is beginning construction work on its new pharmaceutical testing facility in Livingston, Scotland. This laboratory will house Tepnel's protein analysis and genomic testing laboratories as well as the Company's analytical chemistry, bioanalysis and microbiology facilities.

The new facility is planned to come on stream in the second quarter of 2007 and will initially employ 42 people who are currently located at Tepnel's two existing Scottish facilities in Glasgow and Edinburgh. The new facility will serve as an outsourcing resource to the fast growing biological medicines sector.

The project is being part funded by Scottish Enterprise Edinburgh and Lothian. Scottish Enterprise CEO Jack Perry commented: "It is gratifying to see a UK-based company in a key industry for Scotland investing in the future by creating and expanding its business and adding jobs to the economy. This new facility will contribute to Scotland's economy and more specifically will open the door to the biopharmaceutical marketplace which is currently valued at £24 billion and has been growing at an impressive rate over the last five years."

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