Richmond’s Activation Capital plans to break ground on a 102,000-square-foot innovation center later this year. The facility will serve as a hub for biotech innovation across region.
Last year, Activation Capital and the Alliance for Building Better Medicine were awarded a $52 million grant from the federal government through the Build Back Better Regional Challenge. Local and private investments added $14 million. The goal is to create a pharmaceutical manufacturing cluster in the region.
Chandra…
