Bayer opens first Co.Lab Life Science incubator in Cambridge
Berlin: Bayer AG has announced the inauguration of its new life science incubator dubbed “Co.Lab Cambridge” located in Kendall Square in Cambridge, U.S. Bayer’s Co.Lab Cambridge is specifically designed to support cutting-edge cell and gene therapies (CGT) entrepreneurs with access to Bayer’s enterprise wide expertise in addition to state-of-the-art laboratory and office space.
“The opening of our Co.Lab Cambridge in the same location as the Bayer Research and Innovation Center will create an exceptional interdisciplinary community. Its residents will benefit from the direct vicinity of industry-leading CGT pioneers, global research, development, manufacturing, and investment know-how,” said Friedemann Janus, acting head of Business Development and Open Innovation, Bayer Pharmaceuticals. “Co.Lab Cambridge offers the rich ecosystem that early-stage life science entrepreneurs need to pursue potential life-changing discoveries for the future of healthcare and sustainably grow their businesses.”
Cambridge represents a strategic innovation ecosystem for Bayer to accelerate the development of the company’s early-stage CGT solutions that address significant unmet medical needs. The Co.Lab Cambridge can accommodate life-science start-ups focused on CGT innovations in its 26,000 square-feet facility operated by LabCentral, Inc. It benefits from the CGT expertise at the BRIC, and the unique Kendall Square ecosystem with over 50 of the world’s leading pharma companies, Harvard and MIT affiliate research institutions and top-tiered venture capital and innovation offices.
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