Peakdale Molecular, a UK-based provider of drug discovery services to the pharmaceutical and biotech industries, has extended its Discovery Park lease for a further 10 years.
The company, which is part of the Concept Life Sciences group, has been a tenant in Sandwich, Kent, for 6 years and the lease renewal further signifies its commitment to the local area. Peakdale operates state-of-the-art laboratory facilities at Discovery Park with the capacity for up to 50 chemists.
Commenting on the extension, Paul Barber, Managing Director of Discovery Park, said: “Peakdale Molecular has been present at Discovery Park since its launch in 2012, it was one of just five companies at the start and there are now more than 125 companies. I am delighted that they have remained committed to Discovery Park and the facilities it offers.”
Peakdale’s Chief Operating Officer, Dr Paul Doyle, added: “Discovery Park is one of Europe’s leading science and technology parks and home to a host of international companies. The Park is a vibrant hub of activity and offers the opportunity to share, engage and connect with other science based organizations; something we find incredibly valuable.”
“Since the acquisition by Concept Life Sciences, we have undergone a period of change that is set to translate into accelerated growth throughout 2016 and onwards. Securing a further 10-year tenancy at Discovery Park is testament to this growth period and indicates our ongoing commitment to our passionate and dedicated workforce,” he added.
In addition to the Sandwich site, the company’s headquarters are located in the Peak District. Around 70 scientific staff are located here, with the capacity for 100 in total. Michael Fort, Chairman of Concept Life Sciences, said: “The Discovery Park in Sandwich is a world renowned centre for science and technology and provides the perfect location for Peakdale, which has more than two decades of experience of supporting the pharmaceutical and biotech industries. Whilst Peakdale has its own positive reputation, we have also found that being housed at Discovery Park also greatly assists with recruitment and we have been able to attract some of the brightest and best scientists to our team.”