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DELAWARE BIO
EVENTS ____________________
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THURSDAY, NOV. 12
Delaware Biotechnology Institute
15 Innovation Way, Newark, DE.
7:30 a.m. - 9:00 a.m.
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OTHER UPCOMING
EVENTS ____________________
OCTOBER 1
15 Innovation Way
Newark, DE 19711
9:00 a.m. - 5:00 p.m.
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OCTOBER 1
100 David Hollowell Drive
Newark, DE 19716
8:00 - 6:00 p.m.
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OCTOBER 11 - 14
New Cells for New Vaccines IV
Hotel du Pont
11th & Market Streets
Wilmington, DE 19801
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NOVEMBER 4
Calibration & Validation Clinic
Hosted by VWR
15 Innovation Way
Newark, DE 19711
12:00 - 2:30 p.m.
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NOVEMBER 16 - 17
Biotech 2009
Pennsylvania Convention Center
1101 Arch Street
Philadelphia, PA 19107
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MEMBER SPOTLIGHT
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Vial-ette 4 U - One Solution For all Your Reagents & Samples Handling
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Friday, June 5, 2009
With renewed National Institutes of Health contract in hand, Fisher BioServices expands
Washington Business Journal - by Vandana Sinha Staff Reporter
While many biotechs shrink their footprints during a severe funding drought, Fisher BioServices is doing the opposite.
The Rockville contract services company, a division of Waltham, Mass.-based Thermo Fisher Scientific Inc., will undertake its first expansion in recent years this October when it adds 20,250 square feet to its Germantown sites.
The company, one of the area's largest employers with 253 people, already has about a dozen locations in the area.
National Institutes of Health agency to operate a larger, dedicated biorepository - essentially rows of high-tech, temperature-controlled storage bins for government, corporate, nonprofit and academic entities' biological research specimens.
The company will be shifting its equipment into roughly half of a Seneca Meadows Parkway building left largely vacant when MiddleBrook Pharmaceuticals Inc. moved its headquarters and most operations to Westlake, Texas, after a major equity financing deal and change in leadership last year.
After closing a Rockville facility last year because of a canceled contract, Fisher
BioServices has signed this new seven-year lease directly with landlord Minkoff Development Corp.
The deal released MiddleBrook from its lease, which expired in 2013, and took a sizable chunk of bio real estate off a regional marketplace littered with empty lab buildings. Jones Lang LaSalle Inc. represented Fisher, and Rockville-based Scheer Partners Inc. represented MiddleBrook.
Fisher said it is capitalizing on a biotech sector that is seeing rare growth during the downturn, as companies increasingly outsource services rather than fund them in-house and as the economic stimulus legislation propels new federally funded research at NIH, a key client for the company.
Collecting, storing, shipping and analyzing specimens "is the key element to a lot of drug and disease research," said Dennis Fallen, vice president and general manager for Fisher BioServices, which regularly handles 170 million patient samples at a time.
"There's going to be more research conducted over the next couple of years," he said. "We anticipate there will be more biological specimens collected."
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