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Business

BMS fosters biotech in Kendall Square

by Lisa M. Jarvis
March 14, 2016 | APPEARED IN VOLUME 94, ISSUE 11

Bristol-Myers Squibb has become a sponsor at LabCentral, a shared laboratory space in Cambridge, Mass., for biotech start-ups. The sponsorship will allow BMS to nominate two start-ups each year for a spot at LabCentral’s Kendall Square facilities; winners of the two so-called Golden Tickets will receive underwritten bench space for one scientist for one year and a priority spot on the waiting list for more space. BMS’s support of start-ups in the Boston area comes as the company builds a research facility in Kendall Square set to open in early 2018.

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