Monday, 1 April 2013

Cellular Dynamics opens new stem cell facility in California

Cellular Dynamics International (CDI) just announced, via a press release, the opening of a new facility in Novato, California. The company will lease space from the Buck Institute for Research on Aging which is an "independent research facility focused solely on understanding the connection between ageing and chronic disease."

According to the press release, the lease will last for up to 5-years and a portion of the leased space will be subleased to the Coriell Institute for Medical Research which in turn will create a new induced pluripotent stem cell bank. The agreement comes as a response to the $16 million fund CDI received by the California Institute for Regenerative Medicine (CIRM) a few days ago.

Bob Palay, CDI's CEO said:
"The CIRM grants provide CDI with the funding to build, with our partner Coriell, the premier iPSC bank, we are excited to be working with the Buck Institute, constructing our stem cell derivation laboratories as well as the stem cell bank within their world class facilities."

Video about Cellular Dynamics

"We are very enthusiastic about partnering with CDI, as a pioneer in stem cell technology, CDI is a perfect tenant for our new Regenerative Medicine Research Centre. Their work and this new initiative have the potential to revolutionise the treatment of a myriad of diseases – we are proud they chose to work with us and we are looking forward to collaborating on new research." said Bob Palay, President and CEO of the Buck Institute

Tom Novak, Vice President of Strategic Partnerships at CDI, said that the agreement is a great chance for CDI to interact and cooperate with some of the "top academic scientists in the field", adding that it is "a great opportunity to draw top talents to CDI's second location."

You can read the official press release here

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