TTP plc, an impartial UK know-how and product growth firm, has opened a brand new devoted manufacturing facility at its Cambridge headquarters.
TTP says the creation of the ability, referred to as BuildSpace, is available in response to rising buyer demand and is designed to assist break down obstacles typically discovered within the manufacturing handover stage, the place lack of flexibility and the excessive price of set up of huge contracts. Producers can forestall nice concepts from changing into actuality.
The opening of the brand new facility is the pure subsequent step for TTP to carry its prospects to market, enabling the transition to low-volume manufacturing at TTP and subsequent switch to high-volume companions. This can increase TTP’s providing to your buyer from analysis and growth to scientific trials, manufacturing, and early market validation.
It additionally opens the chance for corporations that want low-volume manufacturing assist to make use of TTP and get to market extra rapidly. This implies they will measure their potential success from a a lot earlier stage, maximizing worth to a possible purchaser at minimal price and time.
The opening of BuildSpace may also permit the corporate to proceed creating jobs because it expands its providing to present purchasers and attracts new purchasers, with 12 new positions already created at TTP’s base in Cambridge.
The house is absolutely versatile, offering manufacturing capabilities built-in with TTP’s product growth course of and the flexibility to adapt to the wants of its prospects. BuildSpace is particularly designed for the clear and managed manufacturing of medical and life science merchandise and consumables.
BuildSpace is one aspect in a progress plan for TTP that not too long ago entered into a brand new strategic partnership with Bruntwood SciTech. The 2 corporations are working collectively to develop a long-term imaginative and prescient for the longer term progress of Melbourn Science Park as a number one science and know-how group in Cambridge.
Peter Crossley, BuildSpace Growth Lead at TTP, stated: “It is a actually thrilling growth for TTP and one that may increase the companies we will provide even additional.
“We proceed to see a rising demand for built-in manufacturing capabilities from our prospects. By creating BuildSpace, we need to take away the obstacles to nice innovation.
“BuildSpace provides us the flexibility to take purchasers by scientific trials and even preliminary manufacturing. By permitting purchasers to validate the enterprise alternative as a part of their growth journey with TTP, we’re delivering actual worth to their companies. ”