Bayer to Establish Innovation Center in California Bay Area
The center strengthens the Bay Area's existing biotech cluster. The companies Merck, Celgene, Nektar Therapeutics, and FibroGen, and several smaller biotech companies also have facilities there. The area is also home to the University of California at San Francisco's J. David Gladstone Institutes. Bayer's new space will be located across the street from the university.
Bayer currently employs 1,300 people in Berkeley. The company's expansion is one of the largest capital investments Bayer has undertaken. It should be completed by 2013.
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