A New York-based biotech firm is moving its corporate headquarters to the University of Cincinnati’s 1819 Innovation Hub — the first out-of-state company to officially plant roots in the budding Cincinnati Innovation District.
Orange Grove Bio, a preclinical drug investment and development firm, selected space on the third floor of 1819. Its lease in Avondale went into effect Monday.
As a holding company, Orange Grove partners with universities outside the Boston and San Francisco ecosystems, considered traditional biotech hubs, to spin out new technologies. Its main focus includes oncological and immunotherapy drugs.
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Story excerpt provided by Cincy Inno.
Written by Liz Engel.
Originally published November 3, 2021.