Amgen Backs Bay Area Life Science Incubator

Thousand Oaks-based biotech giant Amgen has put its backing behind a new, life sciences incubator, called QB3@953. According to Amgen, it will provide a five year, platinum sponsorship of the San Francisco life sciences incubator, to accelerate the development of new therapies to improve human health. Financial details of the sponsorship were not detailed. As part of that sponsorship, Amgen said it will be providing two awards each year with a company receiving one year of lab space at QB3@953, in addition to connections to Amgen's executives and other resources. QB3@953 provides lab space to life sciences startups, which Amgen says is a "key obstacle" for life sciences startups. A similar effort, the Ventura BioCenter, operates just around the corner from Amgen in the Thousand Oaks area.