Thirty people have taken voluntary redundancy from biotech company Evotec OAI, but its 350-strong workforce at Milton Park, near Abingdon, is unaffected.

The jobs are being shed at the Hamburg discovery services division, which employs 240. The German company took over Oxford University spin-out company Oxford Asymmetry, which is now its development chemistry arm.

Chief executive Joern Aldag said: "We're performing strongly in Abingdon and we're even expanding and putting up a new building.

"It will be ready by the end of next year and we're not changing our plans."