According to company officials, as a result of the Company's growth over the past year, OncoSec moved into a new office that houses over 50 employees and all of the Company's discovery research, clinical, and administrative activities under one roof.
OncoSec's research facility also integrates approximately 15,000 square feet of laboratory space with state-of-the-art equipment required for Discovery Research activities. The design approach incorporates laboratory benches, specialized rooms, and equipment strategically positioned to maximize workflow, provide sufficient ambulatory space, and minimize potential disruption to research.
"This is an exciting time for OncoSec as we join the Sorrento Mesa community and find a home in San Diego, a city that is on the cutting edge of the life science and biotech industries," said Punit Dhillon, President/CEO of OncoSec. "This move allows for greater efficiencies and interactions among our dedicated teams. Our new facility enhances our development capabilities and provides OncoSec with a base of operations that matches the magnitude of our ambitions."
The new facility, located at 5820 Nancy Ridge Drive, was built with environmental and green features in mind to reduce the Company's carbon footprint. The 34,000 square foot building features recycled materials, drought-tolerant vegetation, and a recycled water irrigation system, which will lower the water consumption impact and create an environment prepared to thrive in Southern California's current drought conditions.
"We are proud of the robust biotech industry and its incredible impact in California. It's encouraging to see another biotech company join and further strengthen the San Diego area, bringing jobs and economic vitality to the region," said Panorea Avdis, Director of the California Governor's Office of Business and Economic Development. "Not only are biotechs like OncoSec enhancing California's economy, they also play a greater role in advancing innovative technologies to provide better care and treatment for patients everywhere."