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San Diego-based Scripps Research Institute is developing a 364,000-sf research laboratory and administrative compound on farmland in Palm Beach County, Fla. The $140 million facility will house state-of-the-art biomedical research labs with a focus on applied research and commercialization of scientific discoveries. Slated to open in 2006, the facility will collaborate with the Florida Atlantic University-based Enterprise Development Corp. to develop industry partnerships. Scripps plans to hire between 30 and 40 staffers in the first year of operation.