Publication

Northern New Jersey Q1 2025 Life Sciences Market Overview

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Market Highlights

  • Biotech firm BeiGene has opened a 400,000-square-foot (sf) life sciences facility in Hopewell at the Princeton West Innovation Campus, formerly occupied by Bristol Myers Squibb. The facility will focus on cancer drug manufacturing and research.
  • BioCentriq and Orchestra Life Sciences are optimizing the new 60,000-sf Princeton facility with a $12.0M investment, advancing manufacturing, digital integration, and GMP compliance in cell therapy production.
  • Nokia Bell Labs has partnered with state officials to establish the Nokia Bell Labs Innovation Center, a 13,500-sf coworking, office, and lab space within the HELIX campus in downtown New Brunswick, set to open in 2028.

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