Germany-based Bayer (BAYN: DE) has announced the opening of its new Research and Innovation Center (pictured above) at Kendall Square in Boston, Massachusetts, USA.
The Cambridge site is right at the heart of arguably the world’s leading biotech hub and symbolizes Bayer’s recently-adopted strategy to embrace innovation.
Representing a total $140 million investment into the area, Bayer’s 62,100-square-foot building houses a new center of precision molecular oncology research equipped with laboratories and offices for the development of novel targeted cancer therapies.
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