Massachusetts-based Thermo Fisher Scientific spent $32 million to convert the long-dormant big box retail space into a drug development research facility. The company also has two other labs downtown and elsewhere in Henrico.
“If the legislature makes progress on creating a retail market, it’ll be interesting to see what happens to the timeline,” Jeremy Preiss told BizSense.
Brian Quigley has relocated Qnovia’s headquarters to Richmond from Los Angeles as it continues to develop its nicotine replacement device.
Two other new tenants are lined up for the Publix-anchored project: Starbucks and restaurant chain Burtons Grill & Bar.
The cash haul comes as Phlow and other members of the regional Alliance for Building Better Medicine just received a $53 million federal pandemic recovery grant to build new labs in Richmond and Petersburg.
Fresh off the sale of his first company AllyAlign Health to a private equity investor, Will Saunders is back in startup mode.
The company is rolling out its CenterWell Senior Primary Care brand nationwide. The spot near White Oak Village will be its first of six clinics in Virginia to be opened in 2023.
Activation Capital will build a 100,000-square-foot lab in downtown Richmond, while Civica will construct a 60,000-square-foot lab in Meadowville Technology Park to support its drug manufacturing facility in Petersburg.
Restore Hyper Wellness + Cryotherapy will open in the Winterfield Crossing development and the franchisees are on the hunt for another location.
Sterilization Services of Virginia’s location at Eastport Industrial Park is one of 23 sites nationwide emitting ethylene oxide at rates found to be hazardous for the surrounding community.
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