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GE Healthcare's Cardiff village for 'world class science'

A "hothouse" for growing hi-tech life science companies has been unveiled in Cardiff on Monday.

GE Healthcare is setting up an innovation village at its base to help develop businesses and new ideas.

The first phase will have labs and space for 12 small firms but 50 have expressed an interest since the idea was first announced last month.

Life sciences - developing new drugs and health technologies - is one of the fastest-growing sectors in Wales.

Kieran Murphy, president and chief executive of GE Healthcare Life Sciences, said it would bring together the best science, research and entrepreneurship.

Economy Minister Edwina Hart told BBC Wales business correspondent Brian Meechan she hoped to see young people attracted to working for a sector which aims to bring new medicines and health benefits.

  • 27 Apr 2015
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