Construction of The Jackson Laboratory in Farmington is on schedule and on budget, according to an article in The Hartford Courant.
Nearly $64 million in construction work has been completed on the $135 million, four-story Jackson Laboratory Genomic Medicine facility, which is scheduled for an October completion.
The lab finished last year ahead of its hiring goals, with 79 on the payroll. It was required to have 63 employees.
No businesses have located in Connecticut as a result of the lab; however, the lab is in "exploratory discussions with several Connecticut institutions and industry partners regarding joint research ventures" that could result in spin-offs.
During 2013, researchers at the lab received $3.19 million in grants from the federal government, and its director, Dr. Charles Lee, won a five-year $7.5 million grant from the government of South Korea to research large-scale cancer genomics. The lab has submitted applications for more than $61 million in grants, noted the newspaper report.