Local News

Malloy Highlights Jackson Lab Deal

View Comments
Governor Malloy (Courtesy University of Connecticut Health Center)

Governor Malloy (Courtesy University of Connecticut Health Center)

CBS Connecticut (con't)

Affordable Care Act Updates: CBSConnecticut.com/ACA

Health News & Information: CBSConnecticut.com/Health

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

FARMINGTON, Conn. (AP) – Gov. Dannel P. Malloy has announced a final agreement between the state of Connecticut and a Maine-based research lab to build a new bioscience facility at the University of Connecticut Health Center in Farmington.

Malloy called the agreement, approved unanimously by two state boards on Thursday, historic.

“What we’re talking about is the creation of the next generation of jobs,” Malloy said.

The final deal with The Jackson Laboratory gives preference to Connecticut workers who apply for the new jobs, at least 300 over 10 years. Connecticut vendors will also be given preference.

The deal also includes an agreement on intellectual property developed at the new lab, which will focus on personalized genomic medicine. The state of Connecticut will share a portion of net royalties, depending on the proceeds.

Recent legislation earmarked $291 million in state borrowing to help build the facility.

Malloy said the state hasn’t made these kinds of investments before. “Those days are over,” he said.

Malloy joined officials including Edison Liu, president of the laboratory, UConn President Susan Herbst, Department of Economic and Community Development Commissioner Catherine Smith at a ceremony Thursday.

Jackson has promised 661 jobs over 20 years.

     (Copyright 2012 by The Associated Press.  All Rights Reserved.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 833 other followers