Author: Paul Burton
Publisher: The Bond Buyer
Date: November 14, 2011
When Jackson Laboratory of Bar Harbor, Maine, scuttled plans to establish a research facility in Florida, several other states came banging at the door of the genetics research company.
Connecticut won out. Last month, the state’s General Assembly passed a $291 million bond package to help Jackson build a $1.1 billion center at the University of Connecticut Health Center.
Under a collaborative effort that also involves Yale University, Jackson plans to build a 173,500-square-foot genetics research center on 17 acres of state-owned land in Farmington, a suburb west of Hartford, the capital. There, it expects to work on medical treatments tailored to patients’ genetic makeups. Read more here.