Local News

Durham Researchers Receive Much-Needed Lab Space

Posted December 7, 2001

— The future is now in Durham. Researchers now have some badly needed new lab space.

The North Carolina Technological Development Authority opened the doors of its new Lifescience Center on Friday. The space includes 10 laboratories, and it is expected to more than double in size in a couple of years.

Ted Morris said these type of facilities are critical to the success of new techology companies. Morris is the director of Technology Transfer Initiatives.

"We continue to experience a shortage of seed-stage venture capital, custom laboratory space and incubator space for these companies to help move them forward," he said. "This will address this critical shortage in the RTP area with over 20,000 square feet coming online today."

The new lab already has one tenant.


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