Life Science Incubator (LSI) has officially launched the largest co-working laboratory in Singapore at Elementum, located in JTC’s one-north business park.

This launch further strengthens Singapore’s prominence as a premier life sciences hub in Asia Pacific, LSI said in a statement on Monday.

As Singapore continues to be a preferred destination for biotech, MedTech, and pharmaceutical innovation, LSI opined that the demand for high-quality laboratory space remains high.

It said the new co-working laboratory at Elementum directly addresses the increasing need for high-quality lab space, supporting startups, entrepreneurs, and multinational firms to scale their operations in this key life sciences hub.

With this expansion, LSI has tripled its laboratory space, reinforcing its position as Singapore’s leading independent provider of co-working laboratory solutions.

The facility at Elementum will cater to the growing number of startups and international firms looking for agile, high-quality lab spaces in one of the world’s most dynamic life sciences ecosystems.

Looking ahead, LSI said it is set to expand into the broader APAC region, with Australia as its next key market.

It highlighted that Australia presents a highly attractive market with its strong focus on research and development, efficient clinical trial processes, and access to top-tier educational institutions and talent.

Leveraging three years of active engagement in the Australian life sciences ecosystem, LSI said it has built strong relationships with the community, academia, and government agencies.

The company is also currently in discussions through its established network for the potential launch of its first LSI Australia location later this year.

“Our mission at LSI is to remove barriers for life sciences startups and innovators by providing the critical infrastructure they need to accelerate breakthroughs,

“Singapore’s life sciences sector is entering an exciting phase of growth, and we’re proud to be part of this journey, supporting the next wave of transformative advancements in healthcare and biotechnology,” said Zeïna Henni, Director of LSI.

According to the statement, investor confidence in Singapore’s healthtech and life sciences sector remain strong, with 14 companies raising S$92.4 million ($68.14 million) in 2024, making it the top destination in Southeast Asia for biotech investment.

This commitment is reinforced by significant investments under the Research, Innovation and Enterprise 2025 plan (RIE2025), which has allocated approximately S$28 billion ($20.65 billion) in 2024, to strengthen key sectors including life sciences.

Additionally, the country’s regulatory framework and intellectual property protections continue to attract leading biotech and MedTech firms, further cementing the nation’s status as a premier hub for life sciences innovation, said the statement.

It is noted that he working laboratory provides a range of flexible lab and office solutions to meet the diverse needs of life science companies.

Beyond open lab spaces, Elementum offers larger private suites that can house dedicated tissue culture rooms with highly specified control.

Tenants can benefit from a high degree of customisation, with the opportunity to design bespoke wet lab and office space components.

With adaptable contract arrangements and full-service support, the space caters to both startups and established enterprises.

Moreover, Elementum fosters a vibrant and innovative community, providing opportunities for connectivity and collaboration among its tenants.

“The expansion of LSI at Elementum marks a pivotal step in strengthening Singapore’s position as a leading life sciences hub in the Asia-Pacific,

“This co-working laboratory will provide the critical space and resources needed for startups, researchers, and global firms to accelerate advancements in biotechnology and medical innovation,” shared John Ratcliffe, Chief Investment Officer, Altea Investments.

LSI builds and operates co-working laboratories providing fully equipped, agile, and reliable lab spaces for BioTech, MedTech, and FoodTech companies to develop and scale.

Following the success of its first laboratory at the German Center in 2021, the firm has expanded through a strategic collaboration with Ho Bee Land into Elementum, a biomedical hub in one-north, Singapore.

Beyond supporting startups, LSI also attracts small and medium-sized enterprises (SMEs) and multinational corporations (MNCs) that are expanding into Singapore but are not yet ready to commit to building their own facilities.

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