Collaboration center to add new building
As the Texas Life-sciences Collaboration Center begins construction on its second building, the possibility that life-saving medical technologies and therapies could be manufactured in Georgetown is becoming a reality.
The biotechnology accelerator, located at 111 Cooperative Way in southern Georgetown, broke ground on a new 15,000-square-foot building in June.
"[This building is] a very, very important step in retaining a company that will deliver real value to Georgetown in terms of a workforce that is generating high wages for taxes and spending those dollars here in Georgetown. These are not minimum-wage jobs but high-wage jobs that are created through the expansion and development of these companies in this kind of space," TLCC Executive Director Michael Douglas said. "Bio manufacturing is one of those [industries] where we hope to create a critical mass in this area to attract other companies."
The building will be occupied partly by existing TLCC member company DisperSol Technologies, which is developing a method to compound water-soluble molecules with molecules from nonwater-soluble medicines to allow patients to take the medications orally.












