Life science researcher SOLVD Well being has moved to Chicago

SOLVD Well being mentioned Monday that it’s transferring the company headquarters from California to Chicago, the place it’s going to occupy a life sciences hub that’s principally house firms.

Firm executives will transfer right into a constructing at 2430 N. Halsted St. owned by improvement agency Sterling Bay. SOLVD Well being conducts exams for an individual’s illness danger. Sterling Bay spokeswoman Julie Goudie mentioned the developer supplied enterprise capital for the corporate.

SOLVD Well being will function from the collaborative area within the Lincoln Park constructing. It mentioned it’s going to hold most of its manufacturing and analysis – and many of the greater than 100 workers – in Carlsbad, California.

The corporate sells exams for opioid use issues and colon most cancers.

Goudie mentioned the variety of workers going to Chicago is unsure however SOLVD Well being expects to develop right here with the developer’s Lincoln Yards challenge in the identical neighborhood. He mentioned the transfer was instant.

Sterling Bay CEO Andy Gloor mentioned SOLVD Well being is drawn to Chicago as a vibrant and vibrant market. He mentioned it “noticed a possibility within the metropolis’s cross-section of high-quality jobs, start-up assets and revered tutorial establishments, and determined to make use of the large one.”

Goudie mentioned greater than half of the 120,000-square-foot constructing in Lincoln Park has been leased. Its tenants embrace Chicago startups like Vanqua Bio, which researches neurological issues, and Evozyne, a developer of artificial proteins.

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