PixarBio has signed a five-year lease agreement for its new corporate headquarters and research center to be located in Medford, Mass. The facility will house state-of-the-art chemical, bio and tissue labs. The company also will move its corporate headquarters to the Medford, Mass., facility from Salem, N.H.

Frank Reynolds, PixarBio’s CEO, said, “We’ll move to Massachusetts in early 2014 and work on rapidly bringing a new Parkinson’s treatment to market. We’ll explore M&A in the biomaterials space while focusing on expanding our platform.”