As reported by the BBC News, Quay Pharma, a specialist in testing and designing new products for the pharmaceutical industry plans to create 65 new research and development jobs in Deeside, Wales.
A £2.7 million pharmaceutical facility will be created at the industrial park in Shotton. This will be opened by Deputy First Minister Ieuan Wyn Jones, who announced £784,000 in funding for the facility last year. Speaking of the new development Mr Jones stated: “I am therefore especially pleased that we have been able to offer assistance to the company to facilitate their expansion programme and I hope that their research and development funding will be of further assistance.”
Currently approximately, 15,000 people in Wales work in the healthcare and bioscience sector and the industry is worth £1.3 billion each year to Wales.
Quay Pharma was originally established in 2001 by Professor Mike Rubinstein, former director of the School of Pharmacy at Liverpool John Moores University, and Dave Patterson, a north Wales businessman who has had other pharmaceutical businesses in the area for the last 15 years.
The pharmaceutical company was originally based on the Wirral but expanded and moved its headquarters and manufacturing operations to the industrial park in Deeside in January 2010.
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