How fledgling firms coexist in biotech incubators

Every New Yorker has had roommates. They do it because New York—like most cities—is too expensive for most twentysomethings trying to get off the ground, and sharing rent and a bathroom makes the costs a lot more manageable. This approach applies to young biotechs too. In the crucible of Manhattan, you’ll find biotech companies sharing spaces. And just like those twentysomethings sharing paper towels in their small apartments, biotechs in shared quarters can benefit from a friendly ear or someone to borrow pipette tips from, but they also have to contend with overheard private conversations and fears about their valuables. BioLabs is a company that provides coworking spaces for biotechs that may not be ready to take the plunge of renting an entire laboratory for themselves. The firm has locations across the US East Coast and in Texas, California, and abroad. It’s also one of many incubators establishing themselves in