Alliance Boots and BioCity create MediCity
Companies collaborate on Nottingham based heath and wellness business incubator
Alliance Boots is collaborating with UK bioscience incubation company BioCity to create a new business incubator focused on health and wellness. The new enterprise will be called MediCity and be located in the Nottingham Enterprise Zone on the Alliance Boots site in Beeston, UK.
MediCity promises to provide innovative start-ups and growing businesses in the health and wellness sector with fully serviced office and laboratory space and is predicted to encourage new businesses into the Nottingham area.
Businesses housed at MediCity will benefit from BioCity’s experience of successfully growing businesses in specialised incubator environments and Alliance Boots expertise in the global healthcare sector, including access to innovation and product development knowledge, as well as supply chain expertise.
Commenting on the announcement, Dr Glenn Crocker, CEO of BioCity said: “MediCity is a timely addition to the thriving healthcare and medical technology sector in the UK. I am particularly excited by the benefits Alliance Boots market insights can bring to early stage companies, with the potential to accelerate development and provide a possible route to market. We are interested in speaking to all businesses involved in health, beauty and wellness, whether they are established or still developing a concept.”
Alex Gourlay, Chief Executive, Health & Beauty Division, Alliance Boots, added: “We warmly welcome MediCity onto our site. Alliance Boots and BioCity’s complementary expertise will attract businesses to MediCity and further enhance our existing world-class innovation hub in Nottingham. Today’s news illustrates our progress in developing the site, as well as our continued commitment to Nottingham and the wider UK economy.”
