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Coworking Lab Spaces Help Life Science Startups Succeed
Source: Life Science Leader
By Jessica Martin Eckerly
Even prior to the pandemic, life sciences startups faced significant barriers, including high up-front capital requirements and highly regulated environments in which to bring a new product or service to market.
After living through a year that limited in-person contact because of COVID-19, supporting life science entrepreneurs by reducing barriers and prioritizing collaboration is a critical step to continue fostering innovation and enabling startups to solve important problems faster and in a more capital-efficient manner.
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Joel Wipperfurth, senior research associate, performs analyses at Gregor Diagnostic’s lab benches within Forward BIOLABS. PHOTO COURTESY OF MGE FOUNDATION
From February through June, we will highlight the ways that UW–Madison powers the state’s economy through research and innovation, educates the next generation and reaches out to Wisconsinites to improve their lives. February’s theme is Economic Prosperity. Watch for more at #CantStopABadger and #UWimpact on social media. Your support can help us continue this work.
Tobias Zutz found himself seeking a new challenge in 2015.
With a R&D experience in assay development and molecular diagnostics, he had been a member of the R&D team at Exact Sciences that developed Cologuard, a non-invasive screening test for colorectal cancer.
Startup Gregor Diagnostics advances novel diagnostic technology
Joel Wipperfurth, senior research associate, performs analyses at Gregor Diagnostic’s lab benches within Forward BIOLABS. Photo courtesy of MGE Foundation
From February through June, we will highlight the ways that UW–Madison powers the state’s economy through research and innovation, educates the next generation and reaches out to Wisconsinites to improve their lives. February’s theme is Economic Prosperity. Watch for more at #CantStopABadger and #UWimpact on social media. Your support can help us continue this work.
Tobias Zutz found himself seeking a new challenge in 2015.
With a R&D experience in assay development and molecular diagnostics, he had been a member of the R&D team at Exact Sciences that developed Cologuard, a non-invasive screening test for colorectal cancer.
Investment in Forward BIOLABS Paying Off for Bioscience Startups
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MADISON, Wis., Feb. 18, 2021 /PRNewswire/ Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.
While business incubators are not uncommon, Forward BIOLABS boosts support by providing laboratory equipment and staff to manage safety, training, and other lab operations for entrepreneurs to reduce their initial investment expenses.
Currently, 16 startups are utilizing the Forward BIOLABS space, and five have graduated to continue growing their companies in their own spaces.