Merck site to reopen as biotech breeding ground

What do you do with an old research site? You make it into a new one. Merck ($MRK) has donated its research facility at Newhouse, Scotland, including equipment and a library of 100,000 compounds, to BioCity Scotland, a joint venture between BioCity Nottingham and Roslin BioCentre. The 23-acre site, including 130,000 square feet of purpose-built laboratories and offices, as well as administrative and conference facilities, will create a life science cluster by providing space for start-up and growing companies. The site closed in July 2010, and this move could bring much needed jobs and inward investment to this region of Scotland. Release | Article