BIOTECHNOLOGY LEASING: Special Issues in Leasing Laboratory Space

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Introduction

Biotechnology laboratory facility leases present unique commercial leasing issues that landlords and tenants should anticipate if they are to achieve successful leases. A diverse industry group, biotechnology companies encompass pharmaceuticals, life sciences, medical devices, medical diagnostics, bioinformatics, biotechnology, and other biosciences and related services companies. The facilities requirements in this varied group cover a broad spectrum. At one end, startup companies are looking for small incubator or generic lab space; at the other end, "Big Pharma" and well-funded biotech companies face complex issues associated with large build-to-suit projects.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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