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Press Release

LabShares Newton Launches Near Capacity and Announces Expansion Plans

LabShares Newton
Posted on: 31 Oct 18

LabShares Newton, an office and laboratory incubator for emerging biotechnology and life science companies, announced the launch of its first location in Newton. LabShares is a fully equipped incubator for early-stage research companies seeking a collaborative, cost-effective, and entrepreneurial working environment. The fully permitted, professionally maintained lab is already operating near capacity and is embarking on an expansion plan to double its space by early 2019.

“We’re encouraged by the high demand for LabShares Newton and, and we’re already planning to grow,” said Jeff Behrens, manager of LabShares Newton. “The light-filled, affordable lab space is located right near the Charles River and just minutes from Cambridge and Boston. By early next year we will double our footprint allowing us to house up to 50 scientists. We’re excited to be a part of the biotech ecosystem contributing to the groundbreaking science and innovation coming out of the Massachusetts.”

LabShares Newton is conveniently located on the Newton-Watertown line, just a 15-minute drive from Kendall Square. LabShares provides turnkey access to cutting-edge lab instrumentation and equipment so members can immediately start scientific experiments. Basic administrative support, shipping and receiving, access to conference rooms, a fully-stocked kitchen and other office park amenities including a fitness center with showers, indoor bike storage, a café and free parking are all included in a single monthly fee.

LabShares is located at Chapel Bridge Park, 90 Bridge Street in Newton, Massachusetts and has begun construction to double its size in this location. Current member companies include Siamab Therapeutics, which formerly leased the office space and has now become a tenant, as well as several other biotechnology firms.

For more information or to arrange a tour, please contact Jenna Stein at jenna@labshares.com or 857-222-5817.

About LabShares Newton
LabShares Newton is an office and laboratory incubator for emerging biotechnology and life science start-ups. The shared space provides a collaborative, affordable and entrepreneurial research environment for early-stage companies in a convenient location close to Cambridge and Boston. LabShares has developed a state-of-the-art facility that is fully permitted and professionally maintained and offers a variety of support services and amenities. For more information, please visit www.labshares.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181031005220/en/

Business Wire
www.businesswire.com

Last updated on: 31/10/2018

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