Labcon North America, the world's leading manufacturer of Earth Friendly® laboratory disposables, has announced its sponsorship of LabCentral, the premier Massachusetts-based network of coworking labs aimed at accelerating high-potential biotech startups. This partnership aligns Labcon with an innovative ecosystem that fosters scientific discoveries and entrepreneurial growth.
The collaboration underscores Labcon's commitment to sustainability and innovation in the laboratory market. Since 1994, Labcon has been at the forefront of addressing plastic waste in laboratories, introducing solutions such as cardboard alternatives, compostable plastics, and bioplastic resins. The company's extensive product line now includes over 1,000 laboratory disposable items, many of which are certified with the ACT® Environmental Factor Label from MyGreenLab. This certification provides lab consumers with clear, third-party verified information on the environmental impact of laboratory products, facilitating informed choices.
Jim Happ, President of Labcon North America, expressed enthusiasm for the partnership, stating, "We are so honored to be working with the LabCentral team and residents and look forward to helping move science ahead as we deepen our relationship." Johannes Fruehauf, co-founder and president of LabCentral, echoed these sentiments, noting the critical role of engaged sponsors in supporting the work and growth of resident companies.
LabCentral's impact over its first decade is substantial. Since its founding in 2013, LabCentral companies have raised $18.4 billion through early-stage venture capital, partnerships, product revenue, technology licensing, and other funding sources. The residents have also been awarded 180 patents, showcasing the groundbreaking scientific discoveries and the potential to build valuable, high-growth businesses.
This sponsorship by Labcon is instrumental in connecting the company to a network of high-potential startups, enhancing the life sciences ecosystem in Massachusetts. As these startups refine their science and scale their companies, Labcon's sustainable laboratory products will likely play a pivotal role in their operations.
LabCentral, a private non-profit institution, provides 243,000 square feet of space across Kendall Square in Cambridge, Massachusetts, and the Harvard University campus. It offers a comprehensive suite of programming and networking opportunities in addition to fully permitted laboratory and office spaces for early-stage and growing life sciences companies.
In summary, Labcon's sponsorship of LabCentral not only supports the advancement of scientific research but also reinforces its commitment to sustainability within the laboratory industry. This collaboration is expected to drive significant scientific and economic impacts, benefiting both the local biotech ecosystem and the broader scientific community.
