Posted Apr 26, 2023, 5:39 PM
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Join Date: Oct 2011
Location: Philadelphia
Posts: 18,457
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Lab Notes: Integral Molecular opens new HQ at uCity Square with plans to double its workforce
Quote:
The Philadelphia biotechnology firm unveiled its new $10 million, 32,000-square-foot headquarters and research center that will allow the company to double its workforce over the next few years.
Integral Molecular, which has 100 employees and specializes in developing and applying proprietary technologies to advance the discovery of therapeutics against difficult protein targets, is the first tenant to move into One uCity Square, a 13-story, 400,000-square-foot commercial research building at 25 N. 38th St. in West Philadelphia.
When fully occupied over the next few years, Integral Molecular's offices and research center, which includes pandemic preparedness laboratories, will accommodate up to 200 employees and add 100 new technology-based jobs to the region. The company will expand to the ninth floor next year.
Integral Molecular's last expansion occurred in 2019 when it opened a 26,000-square-foot research site at 3624 Market St.
“Our expansion in uCity Square marks a new and exciting time for Integral Molecular,” said Ben Doranz, the company's co-founder and CEO. "With our expanded infrastructure, we have more capacity for R&D and manufacturing and can quickly mobilize our technologies to combat future viral threats.”
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Article behind paywall here:
https://www.bizjournals.com/philadelphia...es-integral-molecular-cbtm-madrigal.html
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