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County Durham biosciences firm boosted by £700,000 backing with promise of jobs


NETPark based healthcare firm says it will “accelerate its mission to revolutionise drug discovery” after securing more than £700,000 support.
County Durham biosciences firm boosted by £700,000 backing

NETPark-based healthcare firm says it will “accelerate its mission to revolutionise drug discovery” after securing more than £700,000 support.


Magnitude Biosciences has been backed to expand work on potential therapies for “tough-to-treat” diseases and age-related conditions.


Bosses say the funding will boost a technology platform capable of identifying compounds potentially able to support healthier ageing and will also create robotics, software engineering and biological science jobs at the firm.



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