Biotech innovation hub LabCentral has signed Science Exchange, a secure platform for outsourced research and development (R&D), as a sponsor to support its life science and biotech resident startups. Companies within LabCentral’s shared workspaces are now able to order R&D services instantly via a customized Science Exchanged-powered marketplace, with access to more than 2,500 qualified scientific service providers.
“We’ve designed LabCentral as a supportive and nurturing environment designed to inspire interaction and collaboration, providing everything that early-stage companies need to thrive, moving their science forward faster, and cost-effectively,” said LabCentral Cofounder and President Johannes Fruehauf, M.D., Ph.D. , LabCentral. “We’re thrilled to have Science Exchange support our companies by offering instant access to their network of innovative service providers—it’s another way we can provide our startups the resources they need to accelerate their groundbreaking discoveries.”
LabCentral joins more than 30 enterprise clients that are using Science Exchange-powered marketplaces to manage their outsourced R&D. This partnership addresses the needs of LabCentral’s unique ecosystem, giving its startup network the same level of access to advanced scientific services that is enjoyed by Science Exchange’s established global pharmaceutical and biotechnology clients. With these new resources, early-stage companies will be able to continue to drive their discoveries forward.
A biotech innovation hub, LabCentral is a first-of-its-kind shared laboratory space designed as a launch-pad for high-potential life science and biotech startups. It offers fully permitted laboratory and office space for dozens of startups. LabCentral provides facility and administrative support, skilled laboratory personnel, and other critical services and support that early-stage companies need to begin laboratory operations on day one.
“The opportunity to partner with organizations like LabCentral is why we founded Science Exchange six years ago,” said Dr. Elizabeth Iorns, founder and CEO of Science Exchange. “We deliver efficient and secure access to thousands of qualified scientific service providers—removing significant barriers to innovation and helping companies bring important products to market faster.”
The Science Exchange marketplace will help LabCentral’s resident companies: