Bioscience Guru in Plan to Unlock Global Millions; 'Biocatalyst Village' to Nurture Scottish University Spin-Outs and Harness Cash From Us and Europe

Summary

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THE leading American entrepreneur who founded the world's third largest bioscience company Genzyme is set to create a "biocatalyst village" in Scotland with the aim of starting eight companies before the end of 2005.

Multi-millionaire Sheridan Snyder plans to use his international network of venture capitalists, scientists and marketing experts to give a selection of university spin-outs the competitive edge to commercialise their technology and break into the American markets simultaneously.

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Bioscience Guru in Plan to Unlock Global Millions; 'Biocatalyst Village' to Nurture Scottish University Spin-Outs and Harness Cash From Us and Europe

Snyder, who has already hired an estate agency to rent a small castle in Scotland as a headquarters for Biocatalyst, has committed (pounds) 5 million of his own money to the project. He expects to tap into Scottish Enterprise...

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