Global pharmaceutical giant Pfizer and Swansea University have announced plans to open a new innovation hub aimed at improving health across Wales.
Pfizer UK managing director Erik Nordkamp announced a new memorandum of understanding with the university during his keynote address at BioWales 2017, Wales’ flagship event for the life science sector.
The partnership will see Pfizer collaborate with Swansea University and other relevant partners on initiatives aimed at improving health across Wales.
Plans also include the establishment of a Pfizer Innovation Hub at the university, located within the School of Management at the £450m science and innovation Bay Campus, and working closely with the Medical School’s Institute of Life Science (ILS) Enterprise and Innovation team at the Singleton Park Campus.
Nordkamp said: “We’re pleased to announce our intention to collaborate with Swansea University. Partnership working between the pharmaceutical industry, academia and the NHS is essential for tackling today’s demands on the health system.
"Through sharing our different skills and expertise we really can make a difference to improving health outcomes for patients, and developing new ways of supporting the provision of healthcare.”
Prof Marc Clement, dean of Swansea University’s School of Management and vice-president, with a specific role of developing major strategic projects, added: “We are delighted to announce and begin this exciting journey with Pfizer, the latest prestigious international partner with a desire to collaborate with us, following the opening of global technology leader Fujitsu’s new Education Innovation Hub in October 2016.
“Attracting such established, innovative international companies to partner with us in this way is a sign of confidence in the University and the School of Management’s ambition and plans for future growth and expansion.
“This new collaboration also complements the University and the School of Management’s ongoing strategy to evolve, support, and enhance links between health professionals, policy makers, and third sector organisations. We look forward to the positive outcomes we are confident this new partnership will bring.”
Welsh Government cabinet secretary for health, wellbeing and sport, Vaughan Gething, concluded: “We welcome this partnership, which builds on the University’s excellent facilities and close links with healthcare organisations. This collaboration has great potential to bring real benefits to patients in Wales.”
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement