Viral Genetics Establishes Texas Research Facility
"This grant validates an exciting line of research into increasing yields of plant oils including algae biofuel and agricultural oils such as palm or corn oil," said Viral Genetics CEO Haig Keledjian.
The new, 2,000-square-foot facility will provide work space for Newell. Viral optioned the rights to commercial develop her work through the University of Colorado. That includes therapies for HIV and AIDS, Lyme disease, cancer, strep, and staph.
The center will employ a small research team, but it said it will eventually hire many more workers. The grant will be administered over five years. The Georgetown cluster is already planning for five new wet labs, a second tissue culture lab, a Class 1000 clean room, and a nanotechnology optical laboratory.
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
A Changing Food Manufacturing Industry
2017 Food Processing
What Should High-Growth Companies Look for in a Community?
Front Line: Trend Toward Microfactories Continues
2019 Gold & Silver Shovel Awards: Recipients Garnered Large Job-Creating and Investment Projects in Diverse Industries