Bayer AG has announced the opening of its new Research and Innovation Center at Kendall Square in Boston-Cambridge, Massachusetts. This expansion into one of the world’s most innovative pharmaceutical research and development locations represents a total $140M USD investment into the area. The 62,100-square-foot building houses a new center of precision molecular oncology research equipped with state-of-the-art laboratories and offices for the development of novel targeted cancer therapies for patients. Additionally, the center comprises a newly established research team focused on leveraging chemical biology techniques to further propel the company’s oncology drug development process.
“Our new Bayer research and innovation center at Kendall Square is part of our strategy to be at the forefront of scientific discovery and breakthrough innovation for better patient healthcare,” said Stefan Oelrich, Member of the Board of Management, Bayer AG and President of Bayer’s Pharmaceuticals Division. “Being part of this unique innovation ecosystem will support our teams in creating breakthrough innovations for patients together with the experts here.”
“Bayer has a growing community of world-class innovators – from our internal experts and partners such as Vividion, to our global network of academic and industry partners, many of which are located right here in the Boston area,” said Christian Rommel, Member of the Executive Committee of Bayer AG’s Pharmaceutical Division and Head of Research and Development at Bayer. “Our new research and innovation center in Kendall Square brings us closer to these partners, to fellow scientists and institutions that join us in our mission to keep pushing the boundaries of medical innovation with the purpose of bringing impactful health solutions to patients.”
“We have brought a number of unique oncology treatments to patients over the past years,” said Christine Roth, Member of the Executive Committee of Bayer’s Pharmaceutical Division and Head of the Oncology SBU at Bayer. “Our ambition is to play a significant role in the next wave of breakthrough innovations in oncology. The opening of our new research center at Kendall Square with its dedicated research group of precision oncology experts demonstrates our commitment to investing in the next wave of innovation that has the potential to impact the way cancer is treated.”
“At Kendall Square, we find the innovation-driven businesses, entrepreneurship, world-class academics, cutting-edge research, breakthrough technologies, infrastructure, and culture to support our strategic goals,” said Marianne De Backer, MBA, Ph.D., Member of the Executive Committee of the Pharmaceuticals Division and Head of Strategy, Business Development & Licensing and Open Innovation at Bayer. “It helps us to further solidify our presence and commitment in this vibrant and growing ecosystem that gives us an opportunity to connect with current and future pioneers in the pharmaceutical sector. We are here to develop long-lasting relationships that will accelerate our quest for novel treatments and technologies. Together, we will leverage our cumulative expertise and resources, and truly transform patient lives.”
Spanning across two floors, the new center currently provides space for 100 employees,