Written ministerial statement response
Cambridge Biomedical Campus Ltd response following written ministerial statement on 8 May 2024
We welcome the Government’s commitment to realise the full potential of Cambridge by prioritising the coherent enhancement of the Campus and affordable housing for the people who work here. It is essential for the evolution of the Campus to align with the aspirations of the wider city-region, realise its international role and to deliver tangible benefits for local people.
The Cambridge Biomedical Campus’s (CBC) mix and scale of NHS, academic and industry organisations is unique across Europe and allows scientists to make new discoveries in the lab, demonstrate and refine them alongside the NHS and then deliver them at scale with industry partners, all in one place. It’s a formula that has already led to global innovations like monoclonal antibody technology, which is used to make a third of all new drugs across the world, as well as better health outcomes for patients treated in our world-leading hospitals.
We are now looking forward to working with the new growth company, the Campus landowners, local politicians and residents to deliver coherent expansion and improvements to the existing Campus. Our aim is to develop a successful place that works for staff, visitors, neighbours, patients and students including better amenities and life science facilities, improved public transport links and access to more affordable housing for our 22,000 staff.
Our recently commissioned housing report found that up to half of people working here cannot afford market rate housing in the local area, an issue that particularly affects staff working in the hospitals on Campus.
About CBC Ltd
CBC Ltd is a non-profit company set up two years ago to represent the health, education and life science organisations on the Biomedical Campus.