How Lab Launch Aims to Make It Easier for Biotech Startups to Find Space

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

How Lab Launch Aims to Make It Easier for Biotech Startups to Find Space
Photo by Hans Reniers on Unsplash

Llewellyn Cox is making a WeWork for bioscience professionals.

In a building along a hip arts district in Atwater Village, the molecular biologist and venture investor will open his next no-strings-attached lab space where he hopes startups can plant their roots in Los Angeles and help create therapeutics that save lives.


For $4,600 a month, a biotech startup can access a university-grade lab created by Lab Launch, which Cox founded in 2014. The company broke ground on the project Tuesday.

While the concept isn't new, there are few of these lab locations available in Los Angeles. Cox is part of a small group of life science professionals that are trying to bolster the region's biotech economy and prevent budding talent from straying to hubs in San Diego, Boston or San Francisco.

"The way to really build an economy is to start companies and grow companies and keep them here and hire people from here," Cox said. "And that was always a challenge when we were first starting."

Unlike tech upstarts that have humble beginnings in cramped garages or dingy basements, biotech startups need expensive lab equipment to store samples and dispose of biohazard disposal, not to mention cumbersome permitting. The upfront costs can be daunting and often deter would-be entrepreneurs, funneling them into larger companies or university incubators that might take over some patent ownership.

Cox's answer is Lab Launch.

"In the absence of all external incubators, you basically have to jump seat-first into the commercial real estate market while starting up a company, or try to sublease an industrial space in the middle of nowhere and build your own lab, and these are really hard things to do," Cox said.

Lab space at Lab Launch's Monrovia location Courtesy of Lab Launch

Stephanie Hsieh runs one of the region's largest trade organizations for life science professionals, but when she first arrived in Los Angeles two decades ago, she couldn't even find a lab to lease for Meditope. The cancer therapeutics startup that she helmed needed a lab where it could store samples and experiment with new therapies. The options were limited, and she moved the company's development to San Diego where there was ample infrastructure in which to innovate.

"I joke that we innovated here and then it moved to San Diego or the Bay Area because there was no reason for it to stick here," said Hsieh, of who heads the Los Angeles' office for Biocom, a San Diego-based trade organization that represents more than 1,400 life science companies.

Los Angeles has thousands of square feet of lab space, much of it backed by universities, private companies and venture capital firms, adding up to thousands of square footage.

Westlake Village BioPartners recently built out a 30,000-square-foot lab space in its new incubator campus in Thousand Oaks for budding startups to use. UCLA's Magnify, a short-term lab space that houses startups, prioritizes companies in which UCLA has intellectual property.

But Lab Launch doesn't look for a stake in the company. These rentable spaces allow startups to maintain independence and control over their intellectual property. And Cox argues it gives the bioscience industry much needed infrastructure.

In 2019, the industry generated $44.2 billion in economic activity, according to a report by Biocom. And the county also received a fourth of all funding the National Institutes of Health allocated to California that year, more than any other county in the state.

"There is a significant opportunity with bioscience to expand L.A.'s innovation economy, nurture homegrown talent and contribute to the long-term economic health of the community and city at-large," said Los Angeles City Councilman Mark Ridley-Thomas, who has spearheaded efforts to build more facilities for the industry.

At the Atwater Crossing Arts and Innovation complex, not far from the Los Angeles River, Lab Launch's 11,000-square-foot space is under construction. It will provide six private lab units ranging from 800 to 3,500 square feet and can be further subdivided based on how many companies join. The labs are near a cluster of hospitals in Silver Lake like Children's Hospital and Kaiser Permanente, a metro stop and a slew of restaurants and coffee shops.

Created by scientists and entrepreneurs, Lab Launch's first space opened in seven years ago in Monrovia. The 11,000-square-foot lab space provides a place where startups can collaborate and experiment. The facility comes with ultra pure water (a common ingredient in the pharmaceutical industry) and freezers made to store samples.

The most common clients are small research and manufacturing organizations that contract with other, often larger, pharmaceutical or biotech companies and focus on specific niche verticals, like creating a singular pharma ingredient over and over again and only need a bit of lab space to do so. These organizations make the development and manufacturing part of biotech and pharmaceuticals cheaper.

KorvaLabs was one of the first companies at Lab Launch's Monrovia facility in 2015 to develop and test performance-enhancing drugs. The company stayed for two years before growing out of it and into another facility in San Dimas. It later worked with and was bought out by COVID-testing company Curative during the pandemic.

"Having these kind of established professionals around makes it a much more supportive and creative environment for those high growth startup companies that need help wherever they can get it," Cox said.

Hsieh already sees it happening.

"Just in the last five years, I'll say we've just seen explosive acceleration and growth," Hsieh said.

https://twitter.com/KeerthiVedantam
keerthi@dot.la

Subscribe to our newsletter to catch every headline.

Cadence

Office Hours: Former Lawyer Turned CEO Diankha Linear on Cultivating Community

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

​Diankha Linear
Diankha Linear

On this episode of Office Hours, Community CEO Diankha Linear joins host Spencer Rascoff to discuss her foray into the startup world and the strategic approaching to scaling up.

Read moreShow less
https://twitter.com/spencerrascoff
https://www.linkedin.com/in/spencerrascoff/
admin@dot.la

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

***

Read moreShow less

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M
This Week in ‘Raises’: ContractSafe Inks $27.5M, Deal Box Collects $125M

A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.

***

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending