any idiot that visits Redx website based on that last post should have their cerebral cortex revoked. Sod off. No one is interested.

Does anyone actually know what RedX Pharma is doing? From their homepage it looks like they have some type of miracle method to produce new drugs.

Crackwhore Bioscience have just got funding from some Longsight VCs

Shell Suit Therapharma have some great science

... and Clagnut Biosolutions

Watch out for Dingleberry Biopharma

Ooh.

BioCity Nottingham Ltd, the UK’s leading provider of life sciences business incubation services, has been appointed by AstraZeneca to establish a new centre for bioscience companies at Alderley Park in Cheshire. The BioHub, will initially provide 36,000 sq ft of high-end laboratory and office facilities for early-stage and growing firms engaged in innovative drug discovery and development. Demand for accommodation is expected to be competitive with the first three tenant companies due to move on site today.

The first BioHub tenants to move on site include; Blueberry Therapeutics Ltd, Imagen Biotech Ltd and Redx Anti-Infectives Limited, a subsidiary of Redx Pharma. All three have strong ambitions for growth.

Yes, there are far too many Directors in PharmDev. The "span of control" is quite ridiculously small in some areas.

Site near Cambridge Airport under consideration.

Rumours today of major changes in PD with a long overdue culling of director level and upwards as depts are merged

I imagine the local council will be feeling pretty peeved to hear AZ is moving R&D out having agreed to invest in the Bio Incubator at AP only in January. Can't see AZ having any credibility with any council or the UK government any longer - could come back to bite them at some point in the future.

surely the science park at AP is now dead in the water with AZ R&D moving out? If AZ feels they need to move away, how could they convince tenants to move in?

Sounds like what is being done at AP is similar to what was done in Lund, perhaps for quite similar reasons.

We must emal Pascal and tell him there are ideal labs for rent not too far up the A1 from Cambridge...

The only reason 700 jobs have been retained at AP is as a sop to Osbourne the chancellor whose constituency AP lies. Very serious consideration was given to moving the whole of research to Boston, USA. Do not discount a complete move across the pond, I will be very surprised if the Cambridge move happens.

What really irritates me is the AZ attitude (in 2011) to facilitating the sale of the Charnwood site. When the deal to sell fell through at the last minute, we all heard Martin MacKay saying he was not in favour of (the failed deal) receiving extra finance from AZ because (in his words) these deals never work, and (by implication) it would subsequently fail when the pump-priming finance ran out.
Rumour has it the site was subsequently sold for a pittance.
Now fast forward from 2011 to 2013. The Bioscience cluster at Alderley Park is being heavily promoted by AZ, even to the extent of securing £5m UK Government money, and (this must really hurt them) retaining 700 non-R&D jobs on-site after the exit to Cambridge, in order to give the Bioscience cluster some degree of "AZ" credibility. All other logic would be to move the 700 office positions 8 miles down the road to Macclesfield, and then sell the Alderley Park site for a golf course (or other more lucrative option).
The bottom line is that AZ have shown double standards in their approach to disposing of Charnwood (literally to a waste recycling company) compared to their desparate attempts to support a (probably doomed) Alderley Park jewel.

If they manage to do something with the site now its semi derelict and bring used as a rubbish tip it will say something about the effort AZ put in.

If you visit the Jones Lang LaSalle webite and put Loughborough in the search tool, you get a nice aerial photograph of the Charnwood site. I could not post this link earlier as it thought it was spam !

There's [sorry 'bout that]

Definitely Charnwood site - passed by for old time's sake when I was in Go Outdoors the other week. Theres a big billboard on the edge of site near Artform with the website details on it.

Not charnwood site - university is doing a technology site

Charnwood site now up for rent !
http://lough-tp.com/
Fast forward 10 years and this will read: Alderley Park site now up for rent.

The young Mr Granger says "Your all doing very well".

No news internally !

Don't exaggerate - it was only -36% ;-)

Anyone knwo what this Subpoena is about?

http://www.reuters.com/article/2013/04/25/astrazeneca-results-factory-id...

-38%?
Oh dear, Cambridge seems so very far away

"Any thoughts or inside info on the restructuring/simplification in Pharm Dev that will be announced in early May?"

Sell your house, sell your kids, sell your qualifications and go live as a hermit.

Any thoughts or inside info on the restructuring/simplification in Pharm Dev that will be announced in early May?

Its 30 days minimum so employee reps may not have finished their deliberations yet.

AZ revised business plan found here:
crispian-jago.blogspot.se/2010/10/handy-alternative-therapy-flowchart.html

Some iMed functons are putting together a revised business plan in light of the anouncements made 1 month ago. These will now have been agreed in the leadership teams, and will be subject to confidential consultation for 30 days with or employee reps. Any employee reps want to spill the beans?

Should cover the cost of a decent pad in Cambridge

It seems better and at least optimistic to have a golden hello, far better than DBs golden handshake for doing a disastrous job.

the whole market is up (due to central bank intervention) but AZ is under-performing compared to other healthcare and pharma stocks.

They may lambast the golden hello but the share price is still performing very well. Someone believes he will deliver!!

U.K. funds lambaste AstraZeneca CEO's £4M 'golden hello'.

New poster to appear at all AZ sites:
http://www.iamrogue.com/images/stories2/posters/safehouse.jpg

"What will happen to HTS in AZ? Will it move to the fantasy new Cambridge site or will it be toast?"

the last 7yrs should tell you that any person, function or site in AZ is potentially toast, noone at AZ should get too comfortable.

In the absence of real news people crave any news. I can therefore let you know that HTS is to be established on a site in Leicestershire. Discussions are ongoing to buy the site from a plastics company who are currently maximizing this sites usage by storing bundles of recycling plastic in it's carpark.

What will happen to HTS in AZ? Will it move to the fantasy new Cambridge site or will it be toast?

What's the favoured site in Cambridge? Granta Park? Babraham?

oncology is not one of Soriot's five priorities

If Christies is so bad what is the world class oncology unit in Cambridge?

Site near Addenbrooks not preferred.

If you think the Christie is world class.. then you live in a fools paradise,. this link has screwed AZ oncology

The Charnwood site was sold for £1 - the rest must be worth a least a tenner of anybody's money...

Does anyone really know if or believe that there is anything worthwhile left to sell?

"He is restructuring to position for a sell off, rather obvious!"

how is it obvious ?

He is restructuring to position for a sell off, rather obvious!