The Texas Life-sciences Collaboration Center, a biotech accelerator in south Georgetown, held a groundbreaking on Thursday for building three.
The new 15,000 square-foot building will include cleanroom space for the manufacture of medical devices and other biotech products. The building should be completed in January.
The new building will be owned by GREX and constructed by FT Woods Construction.
Started in 2007, the center is now home to eight member companies: Celling BioSciences, Cleanint, DiFusion Technologies, DisperSol Technologies, Microbinc, Molecular Templates, Radix BioSolutions, and Xeris Pharmaceuticals. Those companies have a total of 62 employees earning a combined annual income of $5 million. Total capital investment at the center is $40 million.