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New York Q2 2024 Life Sciences Market Report
"The National Science Foundation awarded Amplified Sciences a $275,000 Phase 1 SBIR grant to develop early, accurate tests for diseases like pancreatic cancer."
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"The National Science Foundation awarded Amplified Sciences a $275,000 Phase 1 SBIR grant to develop early, accurate tests for diseases like pancreatic cancer."
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"In mid-May, Integral Molecular launched a biotech startup, Cell Surface Bio, which makes highquality antibodies for researchers and scientists."
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"Foresite Capital raised $900.0 million for a venture fund targeting companies that are applying tools such as artificial intelligence to healthcare and life sciences"
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"The RMR Group has finalized Unison Elliott Bay, a threebuilding redevelopment project in Seattle featuring 300,000 square feet (sf) of life sciences labs and research and development facilities."
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"Acorn, a biotechnology company based in Toronto, has raised $8.1 million to enhance access to regenerative medicine through cell preservation."
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"Connect Labs by Wexford Science & Technology, which provides flexible lab space to startups, is set to open its second location, comprising 35,000 square feet (sf), at 4MLK."
"In the first half of 2024, U.S. life sciences venture capital funding surged by nearly 30% compared to the same period in 2023. If this investment trend continues, it has the potential to stimulate leasing activity and chip away at the oversupply of space."

"Austin office market remains resilient as leasing pulls back from previous quarter "
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"Growing vacancy, now up 330 basis points (bps) year over year"
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"The vacancy rate in Baltimore ended Q2 at 9.1%"