(ROCHESTER, New York) — Local officials hope a new ultra-clean laboratory in the Mayo Clinic Center for Regenerative Medicine will help draw businesses in the burgeoning field.
“It is one of the only few places of its kind on the planet available to companies,” said Gary Smith, president of Rochester Area Economic Development Inc. “These are expensive facilities to build, and a lot of companies can’t afford that capital investment.”
Having opened its doors to visitors only last week, final touches were being applied Tuesday to the sensitive equipment during a tour of the Advanced Product Incubator.
The 3,000-square-foot laboratory and office space anchors half of the third floor of the Minnesota Biobusiness Center. Because the API is hoping to attract business to Rochester in addition to developing therapies within the clinic, the facility was jointly funded by RAEDI, the city of Rochester and Mayo Clinic.