RedNova News - Health - Pennsylvania Biotech Firm to Open Office in Winston-Salem, N.C.
RedNova News - Health - Pennsylvania Biotech Firm to Open Office in Winston-Salem, N.C.

Pennsylvania Biotech Firm to Open Office in Winston-Salem, N.C.
Aug. 13--Tengion Inc., a Pennsylvania biotechnology company, said yesterday that it plans to open a satellite office in the West Point Business Park in Winston-Salem early next year, hoping to capitalize on research being performed at Wake Forest University.

The business plans to open a $9-million research and development laboratory and office at 3929 Westpoint Blvd., said Gary Sender, Tengion's chief financial officer. It will lease the space from Highwoods Properties, Inc, he said.

"It's been our intention all along to really be in the area," Sender said.

Tengion, based in King of Prussia, Pa., is a biotech company that develops cell tissues that can be used to create human organs. It is affiliated with Anthony Atala, a Wake Forest urologist who came to Wake Forest from Harvard University in the fall of 2003.

The company already licenses some of Atala's research. Tengion's local 20,000 square-foot office will primarily develop human bladders for organ transplants, company officials said.

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