The UK will be the European hub for Valeant Pharmaceuticals, which is good news for people living in the Basingstoke and the surrounding area, as Chineham Park has been chosen as the location for their expansion.
The global speciality pharmaceutical company has taken 11,000 sq ft of space in the newly refurbished 9-11 offices at Cedarwood. This will create more jobs in the local area.
Colin Terry, VP & General Manager, Northern Europe for Valeant Pharmaceuticals is delighted with their new offices and says 'We have been based at Chineham for nearly 10 years, but as a result of UK growth and European expansion over the past couple of years, recognised that there was the need to grow our offices. We have been very happy at Chineham, and as staff retention was a crucial driver in our decision making process, we wanted to remain within Basingstoke. The new buildings at Cedarwood were perfect for us as it has given the company the right space, profile and flexibility as the platform to develop our business throughout the Continent.'
Cedarwood is another example of how Chineham Park is committed to sustainability. The refurbishment process uses less materials and energy than demolishing and starting a new build.
Rupert Batho, Managing Director for MEPC's Chineham Park, said 'Our culture is to create a commercial environment where an organisation can arrive on the park and take a small unit, typically around 2,000 sq ft and grow. Working in partnership with Valeant Pharmaceuticals, we have helped them manage their growth since they first arrived at Chineham Park, and have now provided them with the right environment for them to continue to expand and thrive here.'
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