LabCentral Makes More Room For Biotech Startups In Kendall Square
LabCentral, a four-year-old nonprofit that runs shared laboratory space for biotech startups, will more than double its capacity this summer to about 70,000 square feet — enough room to accommodate 70 to 85 companies.
The expansion of LabCentral on the outskirts of Cambridge’s Kendall Square is expected to be announced Tuesday. It will be financed by a $5 million capital grant from the Massachusetts Life Sciences Center, which in 2013 approved an initial $5 million grant to launch the incubator.
The expansion of LabCentral on the outskirts of Cambridge’s Kendall Square is expected to be announced Tuesday. It will be financed by a $5 million capital grant from the Massachusetts Life Sciences Center, which in 2013 approved an initial $5 million grant to launch the incubator.