Biotech institute to open in Huntsville
HUNTSVILLE (AP) — The Hudson-Alpha Institute for Biotechnology, which plans to house nonprofit research teams and for-profit companies working in the field of human genomics, expects to open in September.
Institute President Jim Hudson, who is creating the institute through his former company, Research Genetics, said it will be home to about 10 companies when it opens.
He described it as a $130 million project that combines private and state resources and will house about 900 employees. He discussed the plan while addressing the annual meeting of the Alabama Experimental Program to Stimulate Competitive Research.
The nonprofit research institute will pursue various investigations in the field of human genomics related to treating and recognizing disease and other applications. Hudson said the nonprofit researchers are not obliged to collaborate with the for-profit companies.
but he hopes that initial discoveries by the institute's investigators can be turned into successful products by the companies.
Information from: The Huntsville Times, http://www.al.com/hsvtimes/hsv.html
Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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