Queen Mary BioEnterprises Innovation Centre: A New Hub for Life Sciences Startups in Whitechapel

Queen Mary BioEnterprises Innovation Centre has selected a prime location in Whitechapel for its new incubator hub. The 37,000 sq. ft. facility will be part of a larger redevelopment project at 100-136 Cavell Street, E1, spearheaded by Lateral in partnership with HIG.

 

This exciting initiative is set to transform a former clothing factory into a cutting-edge life sciences facility, with a total space of 160,000 sq. ft. dedicated to fostering innovation and growth in the life sciences sector. Tower Hamlets Council is expected to make a decision on the plans in the first quarter of this year.

A Thriving Hub in the Whitechapel Life Sciences Cluster

Located at the heart of the Whitechapel Road Life Sciences Cluster, the new facility will be surrounded by key institutions such as Barts Life Sciences, Barts Health NHS Trust, Queen Mary University of London, and the Department of Health and Social Care. This cluster, which includes both public and private sector partners, has become a hotbed for life sciences innovation, and the development of Cavell Street will play a significant role in enhancing its reputation.

Lateral, a founding partner of the Whitechapel Life Sciences Cluster, aims to revitalize a range of outdated buildings and vacant sites around the Royal London Hospital. With the masterplan approved late last year, this new facility at Cavell Street will be one of the first steps in realizing that vision.

 Fostering Innovation for Groundbreaking Health Outcomes

According to Rob Beacroft, co-founder of Lateral, the new incubator space is designed to provide high-quality facilities and support services that will empower startups to succeed. “By offering an environment where innovative companies can thrive, we are helping to pave the way for groundbreaking health outcomes,” Beacroft said.

Ted Webster, Chairman of Queen Mary BioEnterprises, echoed these sentiments, emphasizing the importance of nurturing the next generation of life sciences companies. “The new incubator space will enable us to support the development of innovative companies, providing them with the resources and environment they need to flourish,” Webster explained.

 Looking Ahead

This development represents a significant step forward in the ongoing efforts to establish Whitechapel as a world-class hub for life sciences innovation. As the plans move through the approval process, the new incubator space is poised to become a catalyst for growth, collaboration, and the advancement of health technologies in one of London’s most dynamic areas.

For startups in the life sciences sector, this will be an exciting opportunity to join a thriving community of like-minded innovators and make a real impact on the future of healthcare. Stay tuned for more updates as the project progresses!

For further information please contact:

Warren Lewis | Leasing and Sales Manager
w.lewis@qmul.ac.uk

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