Virginia BioTechnology Research Park

Description

The Virginia BioTechnology Research Park is a dynamic biosciences community strategically headquartered in downtown Richmond, Va., in the heart of the nation’s East Coast pharmaceutical and biotechnology corridor, just 100 miles south of Washington, D.C. and its federal regulatory agencies.Originally created as a partnership of Virginia Commonwealth University, the city of Richmond and the commonwealth of Virginia, the Park is home to a unique mix of more than 50 biosciences companies, research institutes affiliated with the VCU Medical Center and major state and national medical laboratories and organizations involved with forensics, testing of biotoxins and management of the nation’s organ transplantation process. The Park works hand-in-hand with VCU, other academic institutions, business, government and not-for-profit organizations to facilitate technology transfer and business development. Its business accelerator — the Virginia Biosciences Development Center — assists biosciences startups in the Park’s incubator with everything from legal and financial services to business planning.After completion of the new Philip Morris Research and Technology Center, the Park will be two thirds developed. With more than 1.2 million square feet of space in nine buildings, the Park will employ more than 2,000 scientists, researchers, engineers and technicians in fields that include drug development, medical diagnostics, biomedical engineering, forensics and environmental analysis.

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