Bayer has opened a new 62,100-sq-ft research and innovation center at Kendall Square in the Boston/Cambridge area of Massachusetts.
Bayer said the facility represents a total of $140 million investment into the area. The new center houses precision molecular oncology research equipped with state-of-the-art laboratories and offices for the development of novel targeted cancer therapies for patients.
In addition, the center has a newly established research team focused on leveraging chemical biology techniques to advance the company’s oncology drug development process, Bayer said.
Bayer is scaling its oncology presence in the U.S. as well as building on collaborations already in place in Boston on cardiovascular health at the Broad Institute of the Massachusetts Institute of Technology and at Harvard University.
