Boston – InviCRO, LLC announced the official opening of its new office and laboratory in Boston’s Innovation District. inviCRO hosted a ribbon-cutting ceremony on Friday, November 15, to mark the opening of their new facility. The ceremony was held in collaboration with the Massachusetts Life Sciences Center (MLSC) and MassBio. Representatives were in attendance from multiple pharmaceutical companies as well as the facility development team including banking, construction and architectural partners.“The lab represents a new chapter in the development of inviCRO. Our researchers now have the facilities and resources to extend the organization’s multi-modal preclinical capabilities,” said Jack Hoppin, PhD, Co-Founder and Managing Partner of inviCRO
The 12,000 square-foot facility houses both inviCRO’s headquarters and state-of-the art imaging equipment, including PET, SPECT, CT and a 7 Tesla MRI system. In addition to the in vivo imaging instrumentation, the facility is outfitted with a radiochemistry facility and an autoradiography laboratory focused on novel three-dimensional tissue imaging.
“Growth requires investment, and we have shown that investing in life sciences is a winning strategy for Massachusetts,” said Governor Patrick. “I congratulate inviCRO on their expansion, and look forward to the growth and opportunity the company will create in the Commonwealth.”
“I am pleased to welcome inviCRO’s new 12,000 square-foot lab to Boston’s growing, vibrant Innovation District,” Mayor Menino said. “This new facility stands as an example of what can happen when government and business work together. I also want to thank the Massachusetts Life Sciences Center and MassBio for their help opening this new chapter for the Innovation District.”
“We are very excited that inviCRO has decided to open its new headquarters in Boston’s Innovation District, and to expand operations here in Massachusetts,” said Susan Windham-Bannister, Ph.D., President & CEO of the Massachusetts Life Sciences Center. “inviCRO’s growth is a great example of public/private partnership, as the company has participated in several of the Center’s programs, including the Internship Challenge and the Tax Incentive Program. I am confident that inviCRO will continue to find in Massachusetts the partners, client base and support from state government that it needs to be successful.”
“We are thrilled for inviCRO as they take this exciting step to expand their presence in Massachusetts and open a new laboratory space in the Innovation District of Boston,” said Robert K. Coughlin, President & CEO of MassBio. “We know that inviCRO, with their commitment to improving the role of imaging in drug discovery and development, will continue to make important contributions to the Massachusetts life sciences ecosystem.”
inviCRO has managed more than 450 research imaging trials since 2008. Their software products are used in more than 125 laboratories worldwide, including 13 of the top 25 pharmaceutical companies. inviCRO was recently named the 327th fastest growing privately owned company in the United States, according to Inc. Magazine’s 5000 list; including 20th among the top 100 fastest growing companies in the health industry.