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SRI International to open biotech
research facility in Harrisonburg
by Heather
B. Hayes
for Virginia Business
February 2007
Virginia's reputation as an emerging biotech hub got
a boost with the December announcement that SRI International
will locate a Center for Advanced Drug Research in
the Harrisonburg area.
SRI researchers at the facility
will rely on an emerging approach to drug discovery
called proteomics to develop faster and more effective
therapies for "orphan
diseases" such as tuberculosis, malaria and other
ailments neglected by drug companies and other research
organizations.
Once new therapies are developed and proved in a lab
setting, SRI will partner with a biotech firm or a
pharmaceutical company to test it in clinical trials
and develop it for FDA approval and patient use.
Dr. Curtis Carlson, president
and CEO of the Menlo Park, Calif., company, says
that the effort will also be expanded to include
research into transitional education. That project
will examine how workers who failed to obtain requisite
skills in school can retrain to get higher quality
jobs. The center also is expected to eventually conduct
research in nanotechnology, energy, information technology
and homeland security. "We
will initially start out as a research institute, but
when it grows up, it will hopefully become our center
for innovation in the region," Carlson says.
SRI will begin research work early
this year in rented space at James Madison University.
The company plans to move into its own facility (currently
in the design phase) at the Rockingham Center for Research
and Technology by the end of 2008.
The facility will create at least 100 jobs paying an
average annual salary of $85,000 during its first 10
years in operation, according to Carlson. The company
is already looking for qualified biologists, chemists,
engineers and computer scientists.
SRI chose the Harrisonburg area largely because of
James Madison and its ability to provide resources
in biotech and high-tech research areas. Other selling
points were the area's proximity to Washington, D.C.,
and its relatively low cost of living.
Another perk: financial incentives. Gov. Timothy M.
Kaine and the Virginia Economic Development Partnership
pledged $19 million to SRI - a nonprofit organization
- to bring the project to Virginia.
SRI has long been involved in biosciences research.
Among other things, its work led to the discovery of
the first effective treatment for malaria and successfully
demonstrated the use of human liver tissue to test
the safety of new drugs.
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