Does The North East Of England Show Promise To Investors?
RNL Bio was established in Korea in 1961 and specialises in stem cell research as well as developing therapeutic products and regenerative medicine. RNL Bio is also currently conducting research at its site in Korea to develop a new product developed from a herb for the treatment of diabetes. Science Parks such as Knowledge Campus and Netpark are supporting this high-tech industry growth, as is major investment into the region’s key sector strengths of health sciences, new and renewable energy and process industries. Within a radius of only 45 miles there are five universities – Durham, Newcastle, Northumbria, Sunderland and Teesside. There is also a large network of further education colleges, with 18 of these offering higher education courses so there is a lot of academic talent in the North East. Between them these institutions attract around 96,000 full and part-time students. The retention rate of graduates in the region is the highest outside London. Around 10 per cent of the stu
