StartX, QB3 Join Forces To Open A Palo Alto Bio Lab
Summary
But it’s got standard equipment, including ventilator hoods, PCR machines, a light microscope, an autoclave to sterilize tools, and refrigeration for biological samples, plus a hardware prototype room with a 3-D printer.“In all cases, we hope to accelerate the development of medical, engineering, chemistry, and hardware companies so that they can demonstrate proof of concept and reach their Series A,” says StartX Med founder Andrew Lee, a Stanford University MD/PhD candidate whose academic career is on hiatus as he runs the accelerator offshoot as well as his own biotech startup, Stem Cell Theranostics.Another highly touted Bay Area accelerator, Y Combinator, has also embraced biotech, showcasing its first class at last week’s Demo Day.Originally a product of the University of California’s three Bay Area campuses, the group has become a local life science innovation promoter, renting lab space, offering classes and mentorship, and overseeing a small venture fund.QB3 will operate the new lab, a small irony in the lore of Bay Area rivalries, with the University of California and Stanford at odds, athletically and culturally, for more than a century.