New jobs at research company

A government grant will create 146 new jobs in Cornwall and help fund a new laboratory for advanced drug research.

The jobs, many of them qualified scientific staff, will be created thanks to a £2.4m selective assistance grant to Tripos Receptor Research Ltd in Bude, Cornwall.

The firm will also receive £1.3m in assistance from the South West Regional Development Agency.

Commenting on the grant, DTI minister Alan Johnson said: "This is fantastic news for Tripos, the regional  economy and the UK scientific research industry as a whole. This grant will not only help create high-skill, high value jobs but demonstrates the Government's commitment to leading edge manufacturing."

By Ben Willmott