County Durham biosciences firm receives £250k funding to grow facilities

County Durham biosciences firm receives £250k funding to grow facilities

A North East biosciences firm has announced that it has received £250k in funding to help grow its workforce and facilities.

Magnitude Biosciences, a specialist contract research organisation based at NETPark, County Durham, received funding from the government’s Coronavirus Future Fund.

Current investors in Magnitude Biosciences, Saker Capital and North East Innovation Fund run by Northstar Ventures Capital, have matched the government funds, bringing the total to £250k.

Source: Bdaily

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