SINGAPORE - Research and development hub Biopolis will be expanded to meet the needs of biotechnology start-ups, said Senior Minister of State for Trade and Industry Koh Poh Koon on Wednesday .The tender for the work was launched in August and closes on Dec 4.
Phase 6 of Biopolis will add a further 35,000 sq m of business park space for biomedical sciences research and supporting activities and 6,000 sq m for office and retail use. This will include 2,000 sq m of fitted-out laboratory spaces with lab benches, waste drainage and exhaust provisions. "This can reduce start-ups' upfront expenditure costs to access wet labs and shorten their time-to-market," Dr Koh noted.
Enterprise Singapore helped the biotech incubator, which has sites in Boston and Hangzhou, to set up here. Three local biotech start-ups have already moved in, with a fourth on its way.
Source: News Formal (newsformal.com)
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