Cellular Dynamics International intends to construct a new, 100,000-square-foot headquarters in Verona, WI, and move its operations there, according to a company proposal posted on the city’s website. Verona is a suburb of Madison, WI, where the company, known as CDI, is currently based.
The facility would be both a research and cell-manufacturing center, and would also house offices and meeting space, according to the 16-page document. CDI is a provider of induced pluripotent stem (iPS) cells, which can be differentiated into any type of cell found in the human body.
“Expansion of our facility is necessary to command the field of stem cell therapy,” the company says in its proposal, which does not include an estimate of the project cost or a timeline for building and moving into the new facility. Read the full story here.