Known as the “Medicine Chest of the World,” New Jersey garners this name not only due to the high density of pharma companies, but also the availability of well-developed biotech lab spaces in the state. The biotech laboratory infrastructure provides offices for business operations, as well as active hubs to foster the research and discovery of new knowledge in medicine and the sciences.
Below are key features that make New Jersey’s biotech lab spaces well-suited to support advanced bioscience research and development.
Advanced Infrastructure
The foundation of every single biotech laboratory is its environment. Equipped with modern technology, biotechnology laboratories in New Jersey include a range of essential equipment. For example, HEPA filtration systems for maintaining a clean room environment. They also contain advanced bioinformatics systems for handling large amounts of data in genetic research. Some facilities also include PCR machines, spectrophotometers, and electron microscopes. This invaluable equipment allows researchers to easily carry out numerous experiments accurately and precisely.
Rigorous Regulatory Compliance
New Jersey pharmaceutical and biotech research facilities exist within defined regulatory guidelines governing safe, effective, and high-quality biotechnological processes and products. They follow GLP (good laboratory practice) and GMP (good manufacturing processes). Some labs may even provide other necessary infrastructures. This strict adherence increases confidence in the resulting biomedical products, which is crucial for start-ups and large pharmaceutical companies.
Design Flexibility
One must emphasize the importance of flexibility in a field that has evolved as rapidly as biotechnology. Some laboratories in New Jersey have modular designs that can easily be altered depending on the research needs, or for expanding or reducing the size of a laboratory without necessarily disrupting the ongoing exercise. This modularity can range from bench space flexibility to utilities that may accommodate a variety of biotechnological purposes as their requirements change.
Collaborative and Interactive Environments
New Jersey’s biotech lab spaces are strategically built to encourage interactivity among stakeholders. Vertical, horizontal, and spatial layouts and the open-core design promote multidisciplinary communication and a free exchange of ideas that enhance innovation. These areas may contain regular working sessions, training sessions, and networking opportunities within the scientific world, which can support the enhancement of the profession, partnership, and the discovery of new knowledge.
Strategic Location
New Jersey remains a prime biotechnology location due to its closeness to premier learning institutions, hospitals, and pharmaceutical manufacturing giants. This strategic position allows biotech companies to readily draw knowledge and resources from academics, clinical data, and industry practices. Furthermore, the Northeast region of the United States provides ideal logistic conditions like convenient shipping time for biological products or access to venture capital.
All-encompassing Support Services
Recognizing that great science requires great support, New Jersey’s biotech labs provide comprehensive ‘soft’ services. These include, but are not limited to, high throughput screening facilities, proteomics and genomic services, and pilot production facilities. Resources in the form of assistance and guidance in procuring and sustaining certifications, managing and overcoming the challenges posed by intricate regulations, and even marketing and sales support are commonly offered through incubators linked to such labs.
Impeccable Security Systems
Security in biotech labs is both a physical issue and pertains to the security of data and ideas – or intellectual property. Many labs are also fitted with state-of-the-art security features such as cyber security to prevent unauthorized access to research information. Restricted access to laboratories, surveillance systems, and other secure computer networks helps prevent information leakage and discoveries to external parties.
Designed for Growth and Scalability
Another advantage of lab spaces is there scalability and flexiblity when it comes to the design of lab areas. Since biotech firms continue to develop, the flexibility to expand within such buildings is essential. Some lab spaces in New Jersey offer room for expansion over time depending on the company’s needs, making it easy to lease the space gradually. This scalability is important for continuing research projects in the long term and addressing the increase in human resource and equipment needs.
Financial Incentives and Resources
Several financial incentives are available at the state level to support the development of biotechnology industries in New Jersey. These include tax incentives in the form of exemptions and credits to specific grants for biotechnology concerns. There also exists an availability of state-funded programs designed to provide funds for research and developmental efforts. Companies must do their own due diligence regarding this to determine if they qualify. These financial resources reduce the entry risk for new ventures and provide a buffer that may be particularly crucial when developing high-risk products and services.
Conclusion
For any organization with a stake in biotechnology, New Jersey provides laboratories with more than an environment for testing and experimentation. With modern technology, flexible features and a team-oriented structure, New Jersey’s biotech lab spaces easily support advanced bioscience research and development. As a full-fledged ecosystem, these lab spaces provide key features essential for pushing the frontiers of science.
This blog is for informational purposes only and not to be perceived as professional advice. Real estate trends change over time. It is best to consult a local real estate expert for up-to-date information
Please call for more information about current available lab space for your life science company in New Jersey.
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Jeanne Sabo-Rothenberg, CCIM
Commercial Advisor
eXp Commercial
Cell: (908) 377-9004
https://www.commercialrebroker.com/
jeanne.sabo@expcommercial.com