SRI facility dedicated in Rockingham County

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SRI International on Monday dedicated a new research facility in Rockingham County that is expected to boost the Shenandoah Valley’s bioscience industry.

The 40,000-square-foot facility at the Rockingham Center for Research and Technology outside Harrisonburg will house SRI’s Center for Advanced Drug Research (CADRE). The center’s work is expected to spawn spinoff companies while attracting other biotech firms.

Gov. Timothy M. Kaine was joined at the dedication by SRI International President and CEO Dr. Curtis Carlson, James Madison University President Dr. Linwood Rose and other officials from SRI, Rockingham County and the City of Harrisonburg.

Kaine praised California-based SRI as a “global brand of excellence and innovation that has touched the lives of virtually everyone in our country and the world.

“Despite the most difficult economy since the 1930s, Virginia has positioned itself remarkably over the past several years to take advantage of growth in the new economy between now and 2020,” he said. “While the commonwealth has had many economic development successes, the new SRI facility is different.  It is a nonprofit research institution that will serve as an accelerant of future growth by providing collaboration and innovation that will also result in spin-off businesses.”

Dr Walter H. Moos, vice president, SRI International Biosciences, noted that the company has received grants to conduct disease research from the Bill and Melinda Gates Foundation, the National Institutes of Health and the National Cancer Institute.

Dr. Krishna Kodukula, the executive director of the SRI Center for Advanced Drug Research, has been involved with the project since its inception in 2006.  Groundbreaking occurred in 2007.
For more information see Virginia Business’ Shenandoah Valley Regional Report here.

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