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Enterprise

Sunderland success Onyx Scientific unveils £3m investment plan

The life sciences firm which started 20 years ago in an empty unit is now poised to create new jobs

(Image: North East BIC)

A successful Sunderland life sciences business is investing £3m into a new base as part of ambitious plans for its future.

Onyx Scientific started out at the North East Business and Innovation Centre (BIC) in 2000 with just seven members of staff and an empty unit.

Now, as the company marks its 20th year of trading, the drug research, development and manufacturing specialist has established itself as a leading name in the life sciences industry, employing 70 people at five units in the city, with a global client list and a site in the US.

The company, which has over 50,000 sq ft of high-end lab space, has pledged its commitment to Sunderland with expansion plans.

Continued expansion at the North East BIC has allowed the business to focus its laboratory work at the business park where it has signed a new 10-year lease, while also making a further £3m investment at a base on neighbouring industrial land near the Queen Alexandra Bridge, which will allow the company to ramp up commercial manufacturing.

Onyx is also recruiting to satisfy demand for its services and expects to have more than 100 staff on its payroll in the next five years.

Denise Bowser, commercial director and a founding director of Onyx, said: “The North East BIC and Sunderland Council took a chance on us when we were starting out. We were a business with no credit rating, no credibility and no clients, but we had a strong vision and business plan.

“On paper we were less than attractive but they saw our growth potential as an employer of high-quality jobs. They had the foresight to give us the support we needed to get lift-off and they gave us the assistance we needed to allow us to grow our business.