• Inspira Pharmaceuticals has moved into Stevenage Bioscience Catalyst’s Lab Hotel to develop its IPX enzyme technology
• The Lab Hotel provides free laboratory and office accommodation for start-up companies for six months
• Companies in the Lab Hotel have access to scientific and business support while they develop their innovations and secure their next round of funding.
Stevenage Bioscience Catalyst (SBC) has welcomed Inspira Pharmaceuticals to its Lab Hotel, a unique facility offering free lab and office accommodation for six months. The start-ups receive scientific and business support, access to SBC’s networks and introductions to investors to help their business grow and develop.
Rory McGoldrick, co-founder and CEO of Inspira said, “Being selected for the SBC Lab Hotel has provided Inspira with an incredible springboard to achieve our research goals. As a small biotech start-up, making the transition to running our own dedicated lab facilities and building an in-house team is a daunting challenge. With the support of the Lab Hotel we have been able to quickly set up a professional base in the middle of the UK's life-sciences "golden triangle” with access to SBC's state-of-the-art lab facilities and shared infrastructure. We are very grateful for this opportunity which will allow us to rapidly progress our research and prepare for our next big step forward.”
As part of its commitment to supporting early-stage start-ups, SBC opened the Lab Hotel in 2020. Its purpose is to support start-ups working in advanced therapeutics and drug discovery to develop their innovations and secure their next round of funding.
Dr Sally Ann Forsyth OBE, CEO at SBC, said, “Providing support for the translation and commercialisation of early-stage research is part of SBC’s vision. We are delighted to welcome Inspira to the Lab Hotel which gives young life sciences companies access to the facilities and support they need to take their innovative ideas to the next stage.”
The Lab Hotel can accommodate up to four start-up companies for six months at any one time. Having benefitted from the Lab Hotel, many existing occupiers have expanded into larger lab and office space within SBC.
SBC is a leading location for the development and commercialisation of cutting-edge therapeutics. Around 45 life sciences companies are based at the SBC campus, creating an exciting, knowledgeable and collegiate community where interaction and collaboration are the norm.
To find out more about the Lab Hotel or make an application, see SBC’s website or email firstname.lastname@example.org.