Alderley Park Sold, Securing the Future of the BioHubMarch 11th, 2014
AstraZeneca today announced the sale of its Alderley Park site in Cheshire, UK, to Manchester Science Parks (MSP), a Greater Manchester based public-private partnership and science park operator.
The new owners plan to build on Alderley Park’s heritage of scientific innovation, ensuring that the 400 acre site remains a life science and biotechnology campus.
Pascal Soriot, Chief Executive Officer, AstraZeneca, said: “We believe that the sale of the site to Manchester Science Parks is the responsible and sustainable choice for the future of Alderley Park. The new owner is committed to building the life science legacy at the site and ensuring it remains a centre of biotechnology innovation in the North West of England. It will lead to future growth and offer significant opportunities for new jobs to be created.”
Chancellor of the Exchequer, Rt Hon George Osborne MP, said: “I am delighted that the future of Alderley Park has been secured through today’s deal with Manchester Science Parks. As the local MP, and as Chancellor, I’m fighting hard for the future of this site. So I am very pleased that Alderley Park, with its rich heritage of innovation, will now continue to operate at the centre of the UK’s life sciences’ industry. Life Sciences are one of the UK’s leading sectors and by backing places like Alderley Park, we are backing the industries of the future.”
Chris Oglesby, Chairman of MSP and Chief Executive of MSP majority shareholder, Bruntwood, said: “We are delighted to have been entrusted with securing the future of Alderley Park as a bioscience facility of world class scale and quality. We are committed to developing a bioscience business cluster of international importance on the site, making it a flagship location of its kind for the North of England and the UK.”
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