Insignia is next BioCity tenant

By PETER RANSCOMBE
Published on 05/09/2012 00:00

A LIFE sciences firm that makes food labels that change colour as products age has become the latest tenant at BioCity, the business centre in the former Merck drugs factory in Lanarkshire.

Insignia Technologies was created through the merger of label maker Insigniapack and Strathclyde University spin-out Novas Technologies, which is commercialising research by chemistry Professor Andrew Mills.

The company – which is chaired by Scotland Food & Drink vice-chairman David Kilshaw – aims to grow turnover from £200,000 to £40 million within five years, taking its headcount from seven to about 25.

Insignia is the eighth company to take space at Bio
City Scotland since the facility at 
Newhouse was launched by 
finance secretary John Swinney in January.