Bayer start-up companies share lab space

Bayer and start-up companies to share lab space

3:58 AM, 9th January 2012
Bayer and start-up companies to share lab space
Terry Hermiston, Vice President of US Biologics Research and Head of US Innovation Centre, Bayer.

SAN FRANCISCO, US: One year after the opening of its US Innovation Centre, Bayer HealthCare is expanding its US research model. The company will open the CoLaborator - a 550 square metre shared lab for start-up life science companies whose technology platforms, drug targets or drug candidates align with Bayer’s portfolio. The CoLaborator is expected to house three to four small companies. Bayer plans to launch the CoLaborator by late summer 2012 at its Mission Bay location.

“Mission Bay is an innovation hub in US and this expansion of Bayer’s US Innovation Centre demonstrates our commitment to the US market and to partner with emerging companies to bring novel technologies, drug targets and therapeutic candidates forward to improve medical care for patients,” said Terry Hermiston, Vice President of US Biologics Research and Head of US Innovation Centre, Bayer.

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