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Wisconsin VCs draw Missouri biotech firm to state

The Milwaukee County Research Park Center. ZyStor will have labs at the research park.
An investment of $8.5 million from a venture-capital syndicate has drawn a St. Louis niche-market biotech company to Wisconsin, where it will inhabit brand-new lab facilities at Milwaukee County Research Park.

The ......

Full article >>> CEO Loren G. Peterson said. Peterson, Chief Scientific Officer Jonathan H. LeBowitz and another senior scientist are moving to Wisconsin, where they expect to hire about 7 people over the next six months. Broderick said the company might employ as many as 20 in a few years.

The venture group, in addition to Mason Wells, includes Ve......

Full article >>> nzyme is the 800-pound gorilla in the space, said Chris Raymond, an analyst with Robert W. Baird & Co. Inc. Its 12-year-old drug for Gauchers disease, a better-known lysosomal condition, pulls in about $800 million a year, he said. Thats because the cost of a years treatment is about $160,000.

Pompe disease is newer and not as well under......

Full article >>> esearch Park edged it out on factors such as proximity to the Medical College of Wisconsin, Broderick said.

The two communities are close enough that there are still opportunities to be part of the synergy of Madisons life sciences, Arida said.

Jason Stitt is WTNs associate editor and can be reached at By Jason Stitt 11/05/04

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