Quay Pharmaceuticals is to create 54 new jobs in North Wales in a £2.7 million investment in a new headquarters and manufacturing facility. Operations at the new site will include early stage research and development and clinical trials manufacturing for the global pharmaceutical and biotechnology industries.

Pingar announces UK launch and new research collaboration with University of Wales Pingar, the New Zealand software company that has developed the next generation 'intelligent' search solution, will today announce at a private reception in the House of Commons that a major R&D project had been signed with the University of Wales and New Zealand's University of Waikato.

SWANSEA University has been boosted by its involvement in a £50m research initiative with Rolls-Royce into the development of gas turbines

Cardiff Council has signed an innovative 15-year 'insourcing' deal with Indian supplier TCS in a move that will allow it to transform its IT services while retaining its in-house technology and IT team. The council, which plans to spend £150m on IT services over the life of the contract, will hold on to its 140 IT staff and its existing IT systems, while working with TCS consultants to develop technology that will improve the services it offers to Cardiff residents.

Welsh companies carrying out high level research and development in a range of sectors from healthcare to photovoltaics are set to benefit from an investment in one of the most technically sophisticated electron microscopes in the UK.

ONE of the largest data centre facilities in Europe, to be established at Newport has received a significant funding boost. Next Generation Data Europe, which is behind the project for a 75,000 square metre facility at the former LG Semicon plant, has secured significant debt finance facilities from Lombard, the asset finance arm of the Royal Bank of Scotland.

Wales boasts the best environment for contact centres in the UK according to the industry’s most respected annual report. Wales has come top in the UK regional rankings in this year's UK Contact Centre Decision-Makers’ Guide which studies the performance, operations, technology and HR aspects of all UK contact centre operations.

A Cardiff-based company which specialises in building revenue-generating websites has taken its fundraising to more than £700,000 following the successful close of its largest round.