Rinri Therapeutics Ltd, leaders in the development of advanced cell therapies for hearing loss, has announced their recent move to UKSE’s Innovation Centre located in Sheffield city centre.
Bucking the current Covid-19 trend of home working, the move sees the biotechnology company commit to a physical office location for the first time, with the 470 sq. ft office providing optimal links to the University of Sheffield.
UKSE’s Innovation Centre is already host to a number of tech start-up companies and businesses, providing a range of facilities including 24-hour access, serviced reception, high-speed broadband and CCTV operations.
Rinri Therapeutics is a biotechnology company working to develop first in class regenerative cell therapies in the field of hearing loss. The business has recently taken on Dr. Terri Gaskell as Chief Technology Officer from the Cell and Gene Therapy Catapult, secured Nick Higgins as an independent Board Chair adding to his roles as Deputy Chairman of the Cell & Gene Therapy Catapult and Chairman of Avvinity Therapeutics, a private company focused on immuno-oncology, and will soon welcome Dr. Faizah Mushtaq, a clinically qualified audiologist, as a Clinical Manager on a secondment from QMC, Nottingham.
Dr. Simon Chandler, CEO at Rinri Therapeutics, commented: “This is an exciting time for us to be locating to a new headquarters so that we can accelerate our research towards clinical trials.
“The proximity of the site to the University was one of the main attractions of the Innovation Centre, as we currently outsource a lot of research activity to progress the development of our therapies.
“The next 12 months are absolutely critical as we look to secure funding which will take us through pre-clinical development to clinical trials. It’s incredibly helpful to have a physical workplace to enable the team to work together to enable the exciting progression which this next year holds.”
Alan Stanley, Regional Executive at UKSE, said: “It’s great to see Rinri Therapeutics choose the Innovation Centre as their new base. Sheffield is host to fantastic, innovative researchers in the biotechnology field, and the Innovation Centre provides excellent transport links and facilities to accommodate this type of work.
“We have worked hard in recent months to ensure that the Innovation Centre remains a safe working environment, carrying out thorough risk assessments in accordance with the latest Government regulations.
“Of course, we will continue to stay updated with the latest guidance and announcements to ensure that our workplaces remain safe for all.”
UKSE also provides loan and equity finance of up to £1m to existing companies which are growing, particularly those creating jobs – for further information please contact the team on 0114 224 2424.
