Local MSP welcomes £12.5m bioscience investment

Local SNP MSP Derek Mackay has welcomed a £12.5million investment from US bioscience firm Life Technologies at its base in Inchinnan.

The investment, at the firm's Europe, Middle East and Africa HQ, will create about 30 new jobs and help it expand to keep up with the rising demand for its cell culture products used in the research and production of new drugs.

Mr Mackay, SNP MSP for Renfrewshire North and West which covers the HQ, said:

"This is fantastic news for my constituency and fantastic news for Scotland, showing international companies are continuing to invest in our economy.

"It is also testament to the strength of the local workforce who work tirelessly to ensure the Life Technologies facility delivers on its standing as one of the best of its kind in the world.

"This investment will only strengthen Scotland's reputation in life sciences research and will also support up to 30 new jobs.

"Our huge potential as a nation and economic record is attracting real investments and real jobs, at the same time our unemployment is lower than the rest of the UK, and employment is higher.

"Life Technologies is just one of a number of companies investing in Scotland showing the country’s strengths as a great place to invest."