Promega announces collaboration to support young biotech companies

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BioLabs and Promega announced the expansion of their collaborative efforts to accelerate life science innovation worldwide through support for early-stage startup companies, according to a press release. Promega GmbH in Walldorf, the German branch of global life science manufacturer Promega, which is based in Madison, will provide equipment, services, and training to BioLabs Heidelberg. This initiative further establishes the Rhine-Neckar region as the center of science innovation in Germany and strengthens the region’s supportive ecosystem for early-stage startup companies.

The agreement expands the ongoing collaboration, which began in 2019, between Promega and BioLabs, a mission-driven company focused on empowering entrepreneurs and accelerating the commercialization of life science innovation worldwide. Promega currently supports all BioLabs locations in the U.S. and France, enabling entrepreneurs to advance their research in the field of life sciences.

BioLabs provides fully equipped and supported laboratory and office space, access to a collaborative community, and connections to a global life science network of partners to more than 250 innovative startup companies worldwide. BioLabs’ capital-efficient model minimizes the barriers to launch a life science startup and enables entrepreneurs to focus on research, not operations, accelerating the pace of commercial cutting-edge technologies.

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