Cellular Dynamics International, the company founded by internationally renowned UW-Madison stem cell pioneer James Thomson, plans to leave Madison for Verona.

CDI gave the Verona Plan Commission an initial look, earlier this month, at a proposal for a new building just east of the Verona Technology Park, which is at the southeast corner of highways PB and M.

The building would be about 100,000 square feet of laboratory and office space and could house about 200 people, according to documents submitted to the city, Verona planning and development director Adam Sayre said. Read the full story here.