Latest news with #lifeSciences
Yahoo
a day ago
- Business
- Yahoo
Plans to transform Oxfam HQ into lab space
Plans have been submitted to turn Oxfam's headquarters into an office and lab space. GreyArc Investments Limited have applied to Oxford City Council for planning permission to turn the building on John Smith Drive, Oxford Business Park, Cowley into a life science or office facility and "create a significant number of job opportunities". The charity said it had signed the lease for a new workplace within the ground floor of a smaller building on the same site, to help reduce costs. Councillor Saj Malik, who represents Temple Cowley on the city council, has raised concerns about the knock-on effect of creating new science and tech jobs on the city's housing shortage. Oxfam's HQ moved to Oxford Business Park from Summertown in July 2005, and the building was sold to Sutton Council in 2016. It was put on the market for £60m in 2023 and sold to a private investor for £37.1m in April 2024. Oxfam's lease on the building ran out in March. Plans for the move include adding an extra floor to the building, as well as a gym and café area on the ground floor and a row of columns outside the building. This comes after the charity announced it was trying to save £10.2m in wages, and that 265 jobs were at risk of redundancy. According to the planning statement the proposal will "create a significant number of new job opportunities" and the plans would "positively contribute to Oxford's role as a leading hub for research and development and life sciences within the UK". It adds the building could be used by multiple tenants and connectivity to the business park would be improved by upcoming plans for the Cowley Branch Line. But Mr Malik said many Cowley residents felt "it's too much, too quickly and gentrification is being imposed on communities without thought of the impact". "While I fully encourage investment into Cowley, this kind of development often doesn't benefit the people who live here in terms of job opportunities," he said. "Already we have a shortage of housing in Oxford meaning teachers and nurses have to live elsewhere causing recruitment and retention difficulties." A spokesperson for Oxfam said they hope to move in July. "The new office space is smaller and will support us to reduce our costs," they added. You can follow BBC Oxfordshire on Facebook, X (Twitter), or Instagram. Charity shop donated guitars fetch £12,000 at auction Oxfam GB puts 265 jobs at risk of redundancy Charity shop 'shocked' as Bible sells for £56,000 Charity volunteers write next chapter for bookshop Charity calls for second-hand festive party shopping Oxfam Oxford City Council
BBC News
a day ago
- Business
- BBC News
Oxfam HQ could be turned into lab space and office
Plans have been submitted to turn Oxfam's headquarters into an office and lab Investments Limited have applied to Oxford City Council for planning permission to turn the building on John Smith Drive, Oxford Business Park, Cowley into a life science or office facility and "create a significant number of job opportunities".The charity said it had signed the lease for a new workplace within the ground floor of a smaller building on the same site, to help reduce Saj Malik, who represents Temple Cowley on the city council, has raised concerns about the knock-on effect of creating new science and tech jobs on the city's housing shortage. Oxfam's HQ moved to Oxford Business Park from Summertown in July 2005, and the building was sold to Sutton Council in was put on the market for £60m in 2023 and sold to a private investor for £37.1m in April lease on the building ran out in for the move include adding an extra floor to the building, as well as a gym and café area on the ground floor and a row of columns outside the comes after the charity announced it was trying to save £10.2m in wages, and that 265 jobs were at risk of to the planning statement the proposal will "create a significant number of new job opportunities" and the plans would "positively contribute to Oxford's role as a leading hub for research and development and life sciences within the UK".It adds the building could be used by multiple tenants and connectivity to the business park would be improved by upcoming plans for the Cowley Branch Mr Malik said many Cowley residents felt "it's too much, too quickly and gentrification is being imposed on communities without thought of the impact"."While I fully encourage investment into Cowley, this kind of development often doesn't benefit the people who live here in terms of job opportunities," he said."Already we have a shortage of housing in Oxford meaning teachers and nurses have to live elsewhere causing recruitment and retention difficulties."A spokesperson for Oxfam said they hope to move in July. "The new office space is smaller and will support us to reduce our costs," they added. You can follow BBC Oxfordshire on Facebook, X (Twitter), or Instagram.
Yahoo
3 days ago
- Business
- Yahoo
Revelation Biosciences, Inc. (REVB) Raises $4M in Public Offering
Revelation Biosciences, Inc. (NASDAQ:REVB), a clinical-stage life sciences company dedicated to rebalancing inflammation for improved health outcomes, has successfully closed a public offering, raising approximately $4 million in gross proceeds. The offering included 3,640,000 shares of common stock (or equivalents) and warrants to purchase up to 14,560,000 shares, all priced at $1.10 per share and warrant. The warrants, exercisable upon shareholder approval, will remain valid for five years from their initial exercise date. Roth Capital Partners served as the sole placement agent for the transaction. A female doctor using the latest healthcare IT technology in her medical practice. Revelation Biosciences, Inc. (NASDAQ:REVB) plans to use the net proceeds to advance its clinical and preclinical programs. Key initiatives include completing its ongoing Phase 1b clinical trial, manufacturing clinical drug supplies, conducting additional preclinical studies for multiple indications, developing new products and therapies, and supporting general corporate operations. While we acknowledge the potential of REVB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this READ NEXT: and Disclosure: None.
Wall Street Journal
3 days ago
- Health
- Wall Street Journal
Trump's Harvard Bullying Is a Gift to Beijing
As a faculty member in the life sciences at Harvard, I was deeply dismayed by your report on the Trump administration's attempt to block international students from continuing their studies here ('U.S. Bars Harvard's Foreign Students,' Page One, May 23). The majority of my colleagues and I are immigrants. Quite unlike the picture of Harvard in the press, almost none of us came from privileged backgrounds. My stipend as a graduate student, which was just enough to survive and work on my thesis, was larger than my father's salary. Yet the research conducted in our department has made fundamental contributions to science and human health. On one floor of our building, former students, postdocs and faculty have gone on to win nine Nobel Prizes. Those who come to work with us are seeking opportunities they didn't find back home and, in return, brought prosperity and global respect to our shores.
National Post
4 days ago
- Business
- National Post
BIOQuébec and Life Sciences British Columbia Announce Strategic Collaboration to Strengthen Canada's Life Sciences Sector
Article content LAVAL, Québec, & VANCOUVER, British Columbia — BIOQuébec and Life Sciences British Columbia (LSBC) are pleased to announce the signing of a Memorandum of Understanding (MOU) to formalize a strategic collaboration between the two organizations. This partnership aims to strengthen ties between Quebec and British Columbia's thriving life sciences sectors and foster innovation, investment, and national growth. Article content Article content The MOU builds on existing collaboration efforts and establishes a framework for future joint initiatives that will benefit members of both organizations. By leveraging shared expertise and facilitating the exchange of resources, and networks, the agreement opens new opportunities in research, product development, commercialization. By fostering greater cooperation between Quebec and British Columbia, this collaboration strengthens Canada's position as a global leader in life sciences. The MOU will help accelerate the development of innovative technologies and solutions that will drive the growth of the life sciences sector and address key healthcare needs. Article content 'Canada's ability to compete on the global stage in life sciences depends on strong, strategic collaboration across provinces. This MOU reflects a shared commitment to building a more connected life sciences ecosystem. One that fosters innovation, supports economic development, and helps advance our shared healthcare priorities,' said Wendy Hurlburt, President and CEO of Life Sciences BC. Article content 'This partnership comes at a time when it is more important than ever to reinforce the ties that already exist within Canada's life sciences ecosystem. Our members, who are often active across the country, expect the industry associations that represent them to lead by example and work together to maximize the impact of these collaborations. By combining the strengths of Quebec and British Columbia, we are building a stronger foundation for innovation and growth in life sciences across Canada,' said Benoît Larose, CEO of BIOQuébec. Key Benefits for Association Members: Article content Priority access to high-impact events featuring thought leadership, sector-specific insights, and strategic partnering Exclusive member discounts for all co-hosted and affiliated events Enhanced networking and business development pipelines through joint initiatives. Article content About BIOQuébec Article content BIOQuébec is a non-profit association entirely funded by its members. It represents more than 280 companies and organizations active in Quebec's life sciences and health technologies industry. BIOQuébec serves as the industry's voice, fosters networking and economic development, and acts as a bridge between the private sector and key stakeholders. Article content Life Sciences BC (LSBC) is a not-for-profit sector association that works to advance British Columbia's life sciences community through numerous local, national, and international initiatives. We nurture economic development in the province through leadership, facilitation of investment, partnering, government collaboration, and promotion of our world-class life sciences sector. Article content Article content Article content Article content Article content Article content
