NSG BioLabs: A Catalyst for Biotech Innovation in Singapore and Southeast Asia

May 12, 2024, 3:39 pm
Enterprise Singapore
Enterprise Singapore
AgencyBodyBusinessDevelopmentEnterpriseGovTechGrowthInvestmentProductService
Location: Singapore
Employees: 1001-5000
Founded date: 2018
NSG BioLabs
BioTechCultureEquipmentIncubationLifeOfficeSpace
Employees: 1-10
Founded date: 2019
Total raised: $14.5B
Merck
BioTechCareDevelopmentDrugEdTechFinTechInvestmentMedtechProductTechnology
Location: United States, New Jersey, Kenilworth
Employees: 10001+
Founded date: 1891
NSG BioLabs, a pioneer in co-working lab spaces in Singapore, has been a driving force in nurturing over 40 biotech companies since 2019. These startups have collectively secured nearly US$400 million in funding and achieved significant business milestones. Through strategic partnerships with EnterpriseSG and Merck, alongside investments from Celadon Partners and ClavystBio, NSG BioLabs is poised to fuel biotech innovation in the region.

Since its inception, NSG BioLabs has been at the forefront of supporting innovators in the health, biomedical, agrifood, and industrial biotechnology sectors. With a focus on areas such as precision medicine, nucleic acids, AI-enabled drug discovery, and synthetic biology, NSG BioLabs has provided a conducive environment for companies to thrive and make a meaningful impact.

The recent partnerships with EnterpriseSG and Merck underscore NSG BioLabs' commitment to enhancing its offerings and supporting residents' innovation and R&D endeavors. The strategic investment of US$14.5 million, led by Celadon Partners and ClavystBio, will further bolster NSG BioLabs' infrastructure, services, and benefits for residents, paving the way for the expansion of its co-working laboratory and office spaces.

With a strong focus on collaboration and empowerment, NSG BioLabs aims to drive scientific innovation and business growth in Singapore and the Asia Pacific region. The company's CEO and Founder, Daphne Teo, emphasizes the importance of a collaborative spirit and looks forward to fostering greater collaboration among stakeholders to benefit the biotech industry.

Through its participation in EnterpriseSG's Startup SG Accelerator program, NSG BioLabs is dedicated to investing in and nurturing high-potential biotech startups. The company's renewed partnership with EnterpriseSG aims to support startups with promising innovations, particularly in fields like precision medicine, to accelerate the development and commercialization of deep tech solutions.

As the biotech sector in Southeast Asia experiences rapid growth driven by healthcare needs, NSG BioLabs' innovative co-working model is well-positioned to offer compelling solutions for startups and companies across the region. The company's dedication to empowering companies to fast-track their research and development efforts has garnered recognition from strategic investors like Celadon Partners and ClavystBio.

With a focus on fostering mutually beneficial connections and enabling residents to develop, grow, and scale-up, NSG BioLabs has secured a partnership with Merck to provide special terms for reagents and equipment in life sciences. This partnership also includes preferential access to biopharma processing expertise and consultation for scaling-up production.

NSG BioLabs' commitment to supporting biotech startups and multinational companies through BSL-2 certified laboratory spaces, equipment, and community engagement has solidified its position as a key hub for biotech innovation in the region. With three sites totaling 35,000 square feet and a growing community of residents, NSG BioLabs is poised to enhance its value-add offerings and continue driving breakthrough biotech ventures and impact for patients.

In conclusion, NSG BioLabs stands as a catalyst for biotech innovation in Singapore and Southeast Asia, providing a platform for companies to thrive, collaborate, and make a meaningful impact in the ever-evolving biotech landscape. Through strategic partnerships, investments, and a commitment to empowering innovators, NSG BioLabs is shaping the future of biotech innovation in the region.