Biotech incubator nearing debut

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A government-sponsored business incubator to house biotech and pharmaceutical startups is moving toward launch in Chicago. Gov. Pat Quinn plans to announce in his State of the State speech a $2.5 million grant to the center, which will be downtown, possibly at the Merchandise Mart, and modeled on the successful 1871 incubator for digital firms, Crain’s Chicago Business reports.

via Crain’s Chicago Business

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