Science innovation is on the rise in Oxford as another company moves in to a new state-of-the-art building.
Oxford Sciences Innovation (OSI), investors in science and technology from the University of Oxford, has expanded into the Schrödinger Building at The Oxford Science
The organisation will occupy 17,260 sq ft of office and laboratory space on the second floor of the £13million building.
Oxford Science Park managing director Piers Scrimshaw-Wright said: “Having invested almost £100m in its portfolio companies since inception, OSI is a key player in the UK innovation network.
“The Oxford Science Park is delighted to strengthen its links with OSI and I have little doubt its spin-out companies will thrive and grow here.
“In addition to our exemplary working environment, our flexible leasing policy and the abundance of collaborative opportunities presented by our existing commercial eco-system support growth and value creation.”
OSI was established in 2015 to exploit and commercialise research findings from academic departments across the University.
Since then it has raised over £600m and set up over 50 companies.