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news.Malta Enterprise, with the help of with European Regional Development Fund, is set to develop a EUR20m life sciences center at an Gwann industrial estate, reported the Times of Malta. The centre, which forms part of a larger proposed biotechnology park at the estate, is expected to be completed towards the end of 2012 or beginning of 2013.
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Going forward, the center is expected to create employment opportunities for scientists and lab technicians. Joseph Sammut, chief officer at Malta Enterprise and a council member of the Malta Council for Science and Technology, said that the center intends to encourage experts at hospitals and universities to hive off research into commercial activities.
Mr Sammut said: “It will create a focal point for a life sciences cluster, connecting University students, researchers, lecturers, hospital professional staff and industry to interact and establish new technology and research-based firms. The centre will provide fertile ground for companies to collaborate with universities and small- and medium-sized enterprises, significantly enhancing the chances of success of spin-outs and start-ups.”
“The range of activities at the centre could include, for example, clinical trials, pharmaceutical process development, lab services, and activities related to bio-informatics, medical imaging and bio electronics and bio-sensors.”