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VIDEO: Biotech incubator expanding

By Clip Syndicate
VIDEO: Biotech incubator expanding Video: VIDEO: Biotech incubator expanding
VIDEO: Biotech incubator expanding Thu, 13 Apr 2017 02:05:59 +0000 VIDEO: Biotech incubator expanding VIDEO: Biotech incubator expanding WFMZ Allentown, PA an accident. >>>wendy davis: more jobs...and new innovations....are on the way to bucks county. a biotechnology incubator is growing.>>>rob vaughn: it's already helped bright minds turn their ideas..into success stories. wfmz's jamie stover reports. >>nats?>>reporter: a decade after its grand opening.. the pennsylvania biotechnology center of bucks county in buckingham township is breaking more ground...>>louis kassa we have been at capacity for four years. >>reporter: the 13-million dollar expansion..partially funded by state and federal grant money... will create more lab- space...and about 100 jobs. >>louis kassa "these are high skilled jobs, we are fortunate to be in the pharma belt between princeton and philadelphia.">>reporter:the expansion opens up opportunity for scientific..and medical breakthroughs..the lab space is filled with mostly-startup companies...looking for a spot to turn their idea...into a cure..or medicine.>>louis kassa liver cancer hepatitis b, other cancers trying to find cures and drugs. some of them have new technologies, new ways to detect cancer earlier, medical device companies>>reporter: though...not every idea. works out. .>>louis kassa there's not a lot of success in the bio tech life science world, but we've had arguably, some of the most successful stories come out of here. they don't always succeed, but our failure rate is very small >>reporter: since 2006...he says the facility has made big strides..>> "7 fda drug approved inventors." >>reporter; the added space will provide 29 additional labs and an auditorium. it's expected to open by the end of 2018. jamie stover, 69 news.

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