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Biotech company buys office space in South Cambridgeshire

A biotechnology company has struck a deal to occupy office space in South Cambridgeshire, in a move that will bring jobs to the area.

Phico Therapeutics, who undertake research and development in the field of new generation antibiotics, was let the Bertarelli building by commercial property agents Barker Storey Matthews.

The Bertarelli Building is a self-contained 14,610 sq ft property located within the secure campus setting of the Bourn Hall IVF and fertility treatment clinic, Bourn Hall Fertility Clinic, on whose behalf Barker Storey Matthews acted in securing Phico Therapeutics on a ten-year lease basis.

The building includes laboratories, offices and storage space and, across its three floors, hosts purpose-built facilities for the conduct of drug development and clinical research.

Director at Barker Storey Matthews, Ben Green, said: "The letting of the Bertarelli Building enables yet another pioneering company to expand within Cambridge's active biotech cluster.

"Ideal for biotech companies seeking a campus in the company of pioneering peers, the Bertarelli Building offers the additional benefits of a leafy setting, close to the amenities of the established village of Bourn yet with convenient access to Cambridge city itself and the other high profile scientific campuses located around South Cambridgeshire."

Phico chief executive Dr Heather Fairhead added: "I am very pleased to have secured the lease of the Bertarelli Building. I believe the purpose-built facility, in the wonderful environment at Bourn, will help Phico achieve its next phase of growth to deliver innovative antibacterial products into clinical development."

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