4-Antibody AG to Relocate to New Labs in Basel

09-May-2011 - Switzerland

4-Antibody AG announced that the Company will be relocating its Basel head offices and labs in June 2011 to the newly opened Technology Park Basel, which is part of the Stücki Business Park in Basel-Kleinhüningen.

The company’s new location is part of a new facility being opened by Councillor Christoph Brutschin, Head of the Department for Economic, Social and Environmental Affairs for the Canton Basel-Stadt.  The Technology Park Basel is supported by the Canton Basel-Stadt and the federal agency SECO and provides infrastructure for growing ‘high tech’ companies, particularly from the life sciences sector which are looking for fully equipped laboratory facilities.  The Technology Park is located next to the ‘Basel Incubator’, managed by the start-up agency EVA and supported by the University of Basel, the Fachochschule Nordwestschweiz, and the Canton Basel-Stadt. The combination of the ‘Basel Incubator’ for emerging companies and growing companies relocating to the Technology Park is expected to create a new, dynamic, ‘high tech‘ life sciences ‘hub’ within Basel.  4-Antibody is the Technology Park’s first tenant.

Dr Ulf Grawunder, 4-Antibody’s CSO, said: “Being able to upgrade our Basel lab facilities with this move to the Technology Park is another strong indication of the momentum being created by 4-Antibody’s exciting antibody discovery platform.  We feel privileged to be the first tenants in this new world-class facility and expect that many other biotech companies in the region will follow in our footsteps.  These new Basel lab facilities and our existing labs in Jena are both state of the art”

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