The University of California, Berkeley’s incubator for life sciences Bakar Labs announced construction for a new research and development building on campus for early-stage biotech startups. Innovative Genomics Institute (IGI) partnered with Bakar Labs to create the IGI-Bakar Labs building, which will provide housing for expanding startups transitioning out of early incubation stages and aims to retain promising startups within the Berkely ecosystem.
Key Takeaways
- The University of California wants to retain and develop biotech startups within its ecosystem.
- IGI Bakra labs building provides startups the tools and space needed.
- Bakar Lab’s proven success helped provide the path for future expansions.
Building strong foundations
Jennifer Doudna, UC Berkeley professor and Nobel laureate, founded IGI to develop genome editing solutions for health and agricultural requirements. Doudna capitalized on incubation opportunities at Berkeley, as many of her co-founded companies (Caribou Biosciences, Azalea Therapeutics, and CatenaBio) currently reside in Bakar Labs. The proven success leads to the belief that IGI research lab’s adjacent proximity to the new building provides a mutual benefit in developing useful genome technologies.
The IGI Bakar Labs building focuses on fast tracking startups to the independent stage while still allowing for needed developments and expansions in an appropriate timeframe, such as the process in Berkley’s alternative incubation spaces.
Sophia Lugo, CEO & co-founder of Radar Therapeutics, touched on the opportunity Bakar Labs provided her company, saying, “Bakar Labs gave us the foundation to move fast and stay focused during our earliest days. The community, resources, and collaborative energy were unlike anything else in the Bay Area. As we've grown, it's meant everything to have a path forward that lets us scale without losing that connection. This new expansion space is exactly what companies like ours need to keep building, without leaving behind the ecosystem that helped us get here." 1