Global pharma firm creates 63 jobs in Loughborough

A global pharmaceutical company has expanded into Loughborough, creating 63 new jobs and establishing a new research and development facility in the town.

The move comes after after Almac Pharma Services received £1m in funding from the University of Derby’s Invest to Grow scheme.

Almac has spent the cash redeveloping premises at Charnwood Campus, a 70-acre science, technology and enterprise park on the outskirts of Loughborough, which was formerly the base of Astra Zeneca.

Graeme McBurney, Almac Pharma Services’ managing director, said: “The support Invest to Grow offered was certainly a factor in our decision to invest in the Charnwood campus and expand the site.

“The funding has enabled the research and development element of the project to progress, in terms of purchasing the necessary equipment and attracting skilled employees to Almac. We have potential to expand further at Charnwood and look forward to seeing it develop.”

Mark Wheddon, head of delivery for Invest to Grow, added: “We are delighted to support Almac Pharma Services with their expansion into the region. Their investment at Charnwood Campus along with Invest to Grow funding has seen significant new job creation and strong business growth and we look forward to working with them on collaborative opportunities with the University in the future.”