A US medical analysis firm has introduced a multi-million pound funding in it is Livingston campus, creating greater than 150 expert jobs over the subsequent three years.
Q2 options, which already employs greater than 950 individuals in West Lothian, will develop a world centre of excellence, establishing in stream cytometry and genomics testing and evaluation.
It is going to additionally have the option provide an elevated vary of companies to shoppers reminiscent of pharmaceutical corporations.
The venture, which is being supported by a £3.eight million Scottish Enterprise grant, will assist anchor Q2 Options’ operations in Scotland and sits alongside an ongoing £17 million infrastructure growth venture on the campus.
The announcement follows affirmation this week by EY Scotland’s Attractiveness Survey 2021, that Scotland was the preferred UK location outdoors London for inward funding in 2020, for the sixth successive yr.
Economic system Secretary Kate Forbes stated:“This is good news for a enterprise which has obtained Scottish Authorities assist. Q2 Options already has a big presence in Livingston and this vital venture will create extra prime quality jobs and additional underlines Scotland’s place as a world participant in precision drugs.
“Inward funding has an enormous function to play in Scotland’s financial transformation. Our expert workforce, analysis services and supportive funding tradition are extremely enticing to overseas corporations.”
Q2 Options was fashioned in 2015 and is the most important life science employer in Scotland, having grown its workforce by 28% within the final three years.
The US is the UK’s largest single buying and selling associate, with complete commerce reaching £196.3bn in 2020.
In the final month alone, US corporations Liberty International, Kraft Heinz and Innova Medical Group have introduced new investments into the UK price over £10 billion which is able to create over 2,000 jobs.
Scottish Secretary Alister Jack stated:“The US is Scotland’s prime abroad vacation spot for exports, and with US funding set to create lots of of high-quality jobs in Livingston alone, it’s clear that Scotland’s individuals and companies profit considerably from our robust buying and selling relationship.”
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