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Medical tech company signs long-term deal to expand to Newcastle Quayside

UK based medical technology developer QuantuMDx has signed a long-term lease with Lugano Property Group to move into a 20,000 square foot bespoke head office, situated in the cosmopolitan and vibrant Quayside area of Newcastle upon Tyne.

Initial plans are to rationalise QuantuMDx’s operations by creating nine ISO accredited laboratories alongside office space, with an option to build further offices and labs to accommodate QuantuMDx’s future expansions plans.

QuantuMDx CEO Elaine Warburton said “The unique space and ability to build dedicated R&D facilities in central Newcastle made the Lugano Building the perfect new home for QuantuMDx. Our new HQ will, for the first time, bring together our R&D, business and commercials teams under one roof, which can only benefit our staff and our technology development.

“Our flagship HQ is testament to what can be achieved when Lugano Group, our far-sighted Landlord, and a highly innovative company come together to plan for the long terms sustainability of maintaining cutting edge scientific research in the North-East and attracting new businesses, skilled staff and visitors to the region”.

Chairman of the Lugano Property Group Richard Robson commented “We are delighted to have entered into this partnership with QuantuMDx, one of the UK’s most promising medical technology companies. We are looking forward to delivering the facilities they need to support the growth and development of the company over the coming years.”

QuantuMDx is due to move into the premises in October 2015 with full occupancy scheduled February 2016.

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