3 NOVEMBER 2016 – By Julia Bradshaw
Smith & Nephew, the global medical devices company, will open a state-of-the-art research and development centre in Hull, creating 100 jobs.
Despite the outcome of the EU referendum, the company has decided to invest $10m (£8m) in a brand new European ‘medtech’ centre, to be located in the UK.
The facility will conduct research across all of Smith & Nephew’s divisions, with a focus on wound dressings in particular.
It will employing 100 scientists and other staff, including toxicologists, chemists and engineers. Some will be new roles, while others will be transferred from existing sites in York and the US.
The facility will open in the second quarter of 2017 and chief executive Olivier Bohuon said there would be room to grow the headcount.
He said the orthopaedics giant could have opened the lab anywhere in Europe, but chose the UK.