MediCity welcomes first wave of tenants

MediCity, the health, beauty and wellness innovation hub in Nottingham, has announced the arrival of its first tenants, after five companies signed tenancy agreements to locate within the newly refurbished building on the Boots site in Beeston.

MediCity Tenants
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The MediCity tenants with David Browning and Mark Chivers
Just two months since our launch, the MediCity community of innovators is starting to grow.

David Browning, MediCity director

MediCity, the health, beauty and wellness innovation hub in Nottingham, has announced the arrival of its first tenants, after five companies signed tenancy agreements to locate within the newly refurbished building on the Boots site in Beeston.

MediCity is a collaboration between Boots, the UK's leading pharmacy-led health and beauty retailer, and BioCity, the UK's leading life sciences incubation company. Nottingham Trent University is a member of BioCity Nottingham, was a founding leading partner in its creation and continues to play a strong role as a board member in relation to its development.

The MediCity tenant companies are involved in a range of commercial activities including human performance measurement technology, haircare product innovation, early-stage drug development, health-sector public relations and med-tech business support.

  • FitQuest is an advanced technology system designed to measure human performance and therefore help people manage their fitness. A product of Leeds-based MIE Medical Research, FitQuest has chosen Nottingham and MediCity in particular, in order to draw on the regional sector expertise in sports science as well as the flexible space provided by the new innovation hub.?
  • Co-Formulate occupies two laboratories and an office to allow the team to expand its drug development services to pharmaceutical, biotechnology, OTC healthcare, nutraceutical and cosmetics clients. The company currently employs five senior scientists and is looking to recruit again in the next few months. Directors, Huw Jones and Nazim Kanji, have returned to the laboratories they helped design as employees of Boots Healthcare International, before they left to develop Co-Formulate with the support of BioCity Nottingham.
  • Medilink East Midlands is the life science industry membership organisation for the region and is taking a virtual tenancy in MediCity in order to support early-stage and growing companies in the sector. In 2013, Medilink helped secure over £700,000 in grant funding for client companies, hosted over 1,000 delegates at events and engaged with over 600 organisations around the East Midlands. ?
  • Mark Hill Hair Cosmetics have worked exclusively with Boots UK for over ten years, retailing haircare, electrical stylers and brushes. Having a team based in Nottingham will further build on this successful relationship.
  • Integra Communications, the public relations agency based in BioCity, has opened a second office in MediCity to give media advice to the senior management team and to tenant companies. Integra will continue to provide free PR Clinics on site to early-stage tenant firms and entrepreneurs.

The tenant companies, as well as several other firms who have already moved into the suite of laboratories and offices, occupy 1,500 sq ft of floor space and are using central services, as well as The Meeting Space to host client visits.

David Browning, Director of MediCity, said: "Just two months since our launch, the MediCity community of innovators is starting to grow. Our team is busy providing the technical and commercial advice these companies need to develop and grow their ideas. It is also a busy time for the Conferencing team which has over 20 events booked into The Meeting Space."

Mark Chivers, Enterprise Zone Director, Alliance Boots, said: "We are very pleased to welcome the first tenants of MediCity to the Nottingham Enterprise Zone. The progress made at MediCity since its launch in November is extremely exciting and demonstrates the many opportunities MediCity can offer for economic development, not just for innovative start-ups and growing businesses, but also for the wider Nottingham area. We look forward to attracting more innovators in the field of health, beauty and wellness to MediCity."

  • Notes for editors

    Media contacts:

    BioCity and MediCity
    Louise Third, Director, Integra Communications: +44 (0)115 912 4350/07773 288342 Boots UK
    Clare Stafford / Bethan Simmons, Boots UK: +44 (0)115 959 5995

    About MediCity
    MediCity is a collaboration between Boots, a member of Alliance Boots, and BioCity, the UK's leading life sciences incubation business. MediCity provides a stimulating and supportive business development environment for innovators in consumer healthcare, medical technology, diagnostics, and beauty products.

    MediCity is based within the Nottingham Enterprise Zone on the Boots site in Beeston.  Businesses housed at MediCity will benefit from BioCity's experience of growing successful businesses in specialised incubator environments and Alliance Boots expertise in the global healthcare market.

    MediCity offers the ideal environment for both start-up and established companies to grow and achieve success. Businesses benefit from BioCity's proven track record in developing the right ecosystem for companies in the sector to thrive, and from the innovation and product development knowledge of Alliance Boots.

    Hot desks and "pods" provide the ideal working environment for individuals or small teams at the very early stages of developing a business idea. MediCity provides laboratory and office facilities on a flexible basis, access to high-end equipment, shared services, training, business support and access to investment.

    MediCity provides a venue for conferences and events of eventually up to 1,000 delegates focused on health, beauty and wellness.

    Support for the early stage businesses based at MediCity is part-funded by the European Regional Development Fund.

    About Boots UK
    Boots UK is the leading pharmacy-led health and beauty retailer in the UK, with close to 2,500 Boots UK stores and around 60,000 employees. Boots UK's purpose is to help customers look and feel better than they ever thought possible. Customers are at the heart of our business which is committed to providing exceptional customer and patient care, be the first choice for pharmacy and healthcare, offer innovative products 'only at Boots' such as the UK's leading skincare brand No7, all delivered with the great value our customers love. Created over 160 years ago, the Boots brand is still at the heart of the communities it serves.

    Boots UK is a member of Alliance Boots, a leading international, pharmacy-led health and beauty group delivering a range of products and services to customers. Working in close partnership with manufacturers and pharmacists, Alliance Boots is committed to improving health in the local communities it serves and helping its customers and patients to look and feel their best. Its focus is on growing its two core businesses: pharmacy-led health and beauty retailing and pharmaceutical wholesaling and distribution. Alliance Boots has a presence in more than 25* countries and employs over 108,000* people. Alliance Boots has pharmacy-led health and beauty retail businesses in nine* countries and operates more than 3,100* health and beauty retail stores, of which just over 3,000* have a pharmacy.

    *Figures are approximate as at 31 March 2013 and include associates and joint ventures.

    About the Nottingham Enterprise Zone
    In March 2011, the Alliance Boots site in Beeston, Nottingham, was awarded Enterprise Zone status by the UK Government. Enterprise Zones are designated areas with incentives to encourage the creation of new businesses, which will contribute to the growth of local and national economies.

    The Nottingham Enterprise Zone is comprised of part of the Alliance Boots site in Beeston and three other smaller sites – the Beeston Business Park, the Nottingham Science Park and the MediPark site (at Queens Medical Centre) which together make up 286 acres (116 hectares).

    The Alliance Boots site in total consists of 279 acres (113 hectares) and the Group's vision is to create a UK centre for innovation in health beauty and wellness in Nottingham. The site will offer a cost effective, high quality, centrally located site for health and wellness businesses such as business incubators, start-ups and small and medium enterprises. As well as existing buildings suitable for redevelopment, the site also includes around 100 acres (40 hectares) of brownfield land suitable for development.

    About BioCity
    BioCity specialises in the creation and development of business incubation sites for the life sciences. It provides a home for new and growing businesses and creates the right environment for tenant companies to have the strongest chance of success.

    BioCity does this by providing laboratory and office facilities on a flexible basis and access to high-end equipment, shared services, training, business support and access to investment.

    In 2012, BioCity established BioCity Scotland, nr Glasgow and in 2013 BioHub at Alderley Park nr Manchester for Astra Zeneca providing 350,000 sq ft of quality lab and office facilities.

    Over 100 companies started life in a BioCity business incubator and have raised £45m of seed capital. This growth formula has helped make BioCity an international hub for entrepreneurial activity in the life sciences.

    About the European Regional Development Fund (ERDF) in the East Midlands
    MediCity is part financed by the Structural Funds for the East Midlands Region of the European Regional Development Fund [ERDF] Programme 2007 to 2013. The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs. For more information visit Gov.uk

MediCity welcomes first wave of tenants

Published on 10 March 2014
  • Category: Business; Research; School of Science and Technology

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