Indianapolis-based BioStorage Technologies announced Thursday it has opened its new, 60,000-square-foot biorepository facility in Indianapolis.
The $4.6 million facility, located near the Indianapolis International Airport, will be used to prepare, store and transport tissue and blood samples. BioStorage serves biotech companies, such as Massachusetts-based Biogen Idec, as well as medical device makers such as Minnesota-based Medtronic Inc. and academic research institutions.
The facility will allow BioStorage to prepare samples for its clients via automated equipment, which the company says provides the accuracy needed by high-volume medical researchers. The company says it can ensure that tissue and blood samples are handled properly and kept at proper temperatures so as not to introduce variables that could affect outcomes in research tests.
"The future of drug discovery is in personalized medicine and genomic-based therapies, which will require an ability to store and analyze large quantities of tissue and blood samples,” said Greg Swanberg, who was named CEO of BioStorage Technologies in November.
BioStorage, founded in 2002, is one of a handful of central Indiana companies that have developed a specialty in life sciences logistics. Others include Indianapolis-based Sentry BioPharma Services Inc., Plainfield-based MD Logistics Inc., and Bloomington-based BioConvergence LLC.