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 Industry News Item Added on April 18, 2008


Biopolis III Breaks Ground in Singapore

SINGAPORE -

Developer JTC Corp. broke ground in April of 2008 on the $100 million Biopolis III building in Singapore. The 41,500-sm facility will consist of two buildings accommodating biomedical research and incubator space. Completion is slated for the fourth quarter of 2009. Crescendas Bionix will occupy at least 50 percent of the facility. A construction start date for the 30,000-sm Biopolis IV has yet to be announced. Biopolis, a biomedical research and development park, is located at One-North in Buona Vista.



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