Oct 26, 2016


American Laboratory Trading (ALT) Becomes a Gold Sponsor of BioLabs’ National Network of Premium, Shared-Laboratory Facilities

Latest sponsorship brings ALT’s total commitment to life sciences incubators to $2 million 

SAN DIEGO, CALIFORNIA (October 26, 2016) – American Laboratory Trading Inc. (ALT), the largest provider of premium refurbished lab equipment in North America, has become a national sponsor of BioLabs’ network of life-sciences co-working spaces with a commitment of more than a million dollars in laboratory equipment and lab services.

ALT’s sponsorship will provide lab equipment to all four BioLabs facilities, including its flagship Kendall Square location in Cambridge, Massachusetts, the operation in Raleigh-Durham, North Carolina, and BioLabs San Diego. A fourth location is scheduled to open in New York, New York in 2017.

“There are new co-working spaces popping up across the U.S. every day but only a select few possess BioLabs’ leadership expertise, state-of-the-art facilities, and creative partnership opportunities,” said ALT President, Jayson Bernstein. “We sponsor BioLabs because they support some of the most innovative life sciences entrepreneurs in the country and together, we lower the cost of entry into the market for these early-stage companies. We’re excited to be a part of the many successes to come.”

Added to ALT’s previous contributions, this sponsorship will bring ALT’s total commitment to co-working spaces for life sciences—and the companies they support—to $2 million. ALT signed on as a Gold Sponsor of BioLabs partner sites, Cambridge, Massachusetts-based Lab Central in 2013 and QB3@953 in San Francisco in 2014. Earlier this year, ALT became a Founding Sponsor of CURE Innovation Commons in Groton, Connecticut.

“We enable startups to go further faster with limited capital investment; and the breadth of state-of-the-art laboratory equipment at the BioLabs network facilities enables our member companies to dream big,” said BioLabs Founder, Johannes Fruehauf, M.D., Ph.D. “It allows them to perform a wider range of experiments than they likely would have otherwise had they chosen to equip, permit, and maintain a lab on their own. ALT’s generosity has helped make this possible; we are honored to have the company as a national network sponsor.”

About BioLabs 

BioLabs is a membership-based network of shared lab facilities located in the nation’s key biotech innovation clusters, designed exclusively for high-potential, early-stage life science companies. It offers co-working environments that pair premium, fully equipped and supported lab and office space with unparalleled access to capital and industry partners. This fertile, supportive ecosystem allows nascent companies to shift their focus from startup operations to innovation so they can reach their scientific potential quickly and achieve business success. Companies can start with a single bench, and scale up as they grow. BioLabs’ founding site is in Kendall Square, Cambridge, Massachusetts, with additional locations in Raleigh-Durham, North Carolina; San Diego, California; and a New York City, New York site in development. Partner sites include LabCentral in Kendall Square, and QB3@953 in San Francisco, California.

BioLabs San Diego and BioLabs North Carolina are now accepting membership applications offering everything emerging life sciences companies need to transform their business from early-stage concept to commercial-stage success. This includes: fully permitted and supported shared laboratory featuring the latest, most-advanced equipment; concierge service, technical, and administrative support; first-class facilities, including free access to the café, conference rooms, event/play space; as well as domain-relevant programming, social, and networking events. Visit www.BioLabs.io to learn more and apply for space.