SRI Completes $2.8M Shenandoah Valley Expansion
Wednesday, October 30, 2013
SRI International has completed the final stage of expansion of its 40,000-square foot research and development (R&D) facility in Harrisonburg, Virginia. SRI funded the $2.8 million build-out to further advance its bioscience research capabilities at SRI’s Shenandoah Valley Center for Advanced Drug Research (CADRE). SRI has also renewed its five-year lease in the Innovation Village at Rockingham, reaffirming its commitment to the region.
SRI’s new biomedical facilities include more than 2,500-square feet of laboratory and storage areas for preclinical research, drug discovery, and drug development programs to support growing client and partner needs. R&D at SRI Shenandoah Valley focuses on basic research, including emerging infectious diseases, metabolic diseases, and proteomics; therapeutic discovery and development of drugs, vaccines and biologics; and personalized medicine, such as companion diagnostics and biomarkers.
"In 2007, a small number of SRI colleagues and I first began working in a laboratory on the campus of James Madison University, which marked the founding of our Center for Advanced Drug Research in Shenandoah Valley. Since then, due in large part to the support of the Commonwealth of Virginia and other regional partners, we have grown and established a state-of-the-art facility tackling the challenges of drug discovery and development for critical and emerging diseases,” said Krishna Kodukula, Ph.D., executive director, strategic development and site head of SRI Shenandoah Valley. "Tom Voss, Tony Wang, and Lynn Chellarajan, the most recent staff members to join our team from around the world, are valuable assets in SRI’s expanded research capabilities.”
SRI’s successful growth in Shenandoah Valley has also been demonstrated through regional innovation programs and spin-off companies that have resulted from SRI research and development. Regional and local start-ups include Redcoat Solutions, Inc. and RioGin. Redcoat will soon launch bed bug detection products into commercial and consumer markets. The products will allow users to quickly determine when a room is infested with bed bugs before obvious signs of infestation are visible. RioGin is researching a technology to reduce side effects and improve the efficacy of peptide drugs.