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Southern California life sciences startup Solvd Health moving headquarters to Chicago


Local biotech companies like Evozyne and Exicure have flocked to 2430 N. Halsted St., with the goal of expanding to Lincoln Yards. But attracting an out-of-state firm like Solvd brings Chicago even closer to becoming a global life sciences center, Sterling Bay CEO Andy Gloor said in a statement today. “Chicago is generating an exciting level of interest among out-of-state life sciences companies that want to expand into vibrant, urban, cost-effective markets,” he said.
Attracting life sciences companies to Illinois also is a priority for Gov. J.B. Pritzker, who last year announced $9 million in grants to incentivize the development and renovation of wet lab space. A lack of high-quality lab space has hampered the local life sciences scene here, with university-based startups leaving for markets like Boston or San Francisco. ....

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