Ceres Nanosciences Announces Plans for Significant Growth in Prince William County, Virginia

PRINCE WILLIAM COUNTY, Va.--(BUSINESS WIRE)-- Ceres Nanosciences (Ceres) is pleased to announce its recent expansion in Prince William County, Virginia. Following a successful fundraising round in 2017, Ceres has rapidly expanded both its staff and its facilities to accommodate the growing demand for the novel Nanotrap® particle platform across the life sciences industry. The Nanotrap® particle provides enhanced sample processing capabilities to new and existing diagnostic tests for some of the most challenging diseases and conditions, such as Lyme disease, respiratory diseases, emerging infectious diseases and cancer detection, as well as for improved health and wellness monitoring.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171212005956/en/

Ceres Nano Announces Growth Plans in PWC (Photo: Business Wire)

As part of this expansion, Ceres is graduating from the Prince William Science Accelerator and moving into 9,100 square feet of renovated commercial wet lab and office space at 9460 Innovation Drive, Manassas, Virginia. This space is being configured to meet the requirements for commercial-scale production of Nanotrap® particles within a quality-controlled manufacturing facility. Additionally, Ceres is outfitting a portion of the space to house one or more life-sciences industry collaborators with the goal of attracting more emerging biotechnology companies into the growing life sciences community at Innovation Park in Prince William County.

“This marks a major milestone for Ceres,” noted Ceres’ CEO, Ross Dunlap. “With over 20 peer-reviewed publications and 14 issued patents we have been very successful in validating our technology’s performance through extensive research and development work at the Prince William Science Accelerator. Now we’re moving into a commercial-scale production facility that will allow us to be a solutions supplier to global diagnostic companies and major clinical reference labs.”

Ceres applied for and was a recipient of a $50,000 Economic Development Opportunity Fund (EDOF) grant to assist in the expansion of commercial wet lab space in Prince William County. “This is a great story of an entrepreneurial team working persistently to build world class technology and facilities in Prince William County,” said Corey A. Stewart, Chairman, Prince William Board of County Supervisors.

Ceres’ new lab space is strategically located in the heart of Innovation Park, in Prince William County, directly adjacent to George Mason University’s (Mason) Science and Technology Campus and many other biotechnology companies and collaborators. “I am extremely pleased that the public private partnership with Ceres Nanosciences has provided such promising results so quickly. These breakthroughs are critical to the health and wellbeing of many, and also showcase Innovation Park as a leader in life sciences research,” said Brentsville District Supervisor Jeanine Lawson, Prince William Board of County Supervisors.

Want more Prince William County? Check out our latest video, sign-up for newsletters or visit us at: www.PWCEconDev.org or @PWCDED.

About Ceres Nanosciences, Inc.

Ceres Nanosciences is a privately held company, located in Prince William County, Virginia, focused on the development of research and diagnostic products using its unique and proprietary Nanotrap® particle technology. The Nanotrap® particle technology provides powerful biomarker capture and biofluid sample processing capabilities for a wide array of diagnostic applications and sample handling needs. The Nanotrap® particle technology was invented at George Mason University and developed under funding from the National Institutes of Health (NIH). With support from the NIH, the Defense Advanced Research Projects Agency (DARPA), the Bill and Melinda Gates Foundation, and the Commonwealth of Virginia, Ceres is focused on incorporating this technology into a range of innovative diagnostic products. Learn more at www.ceresnano.com.

Press Contact:
Ross M. Dunlap
Ceres Nanosciences, Inc
1.800.615.0418 ext. 202
rdunlap@ceresnano.com

About the Prince William Science Accelerator

Located in the heart of Prince William County’s Science and Technology hub at Innovation Park, the Prince William Science Accelerator is a premier life sciences incubation facility, which features 9 fully built out, commercially available wet labs – the only public-private commercially available wet lab space in Northern Virginia. Competitive lease rates, flexible terms, the availability of location incentives as well as a full complement of amenities are just some of the reasons why the Science Accelerator is an ideal option particularly for small and growing life sciences companies.

NOTES TO EDITORS:

• Located less than 20 miles from the nation’s capital, Prince William County encompasses a total area of 348 square miles.
• 75% of Northern Virginia’s 1.5 million workers live within a 30-minute one-way commute to the center of Prince William County during rush hour.
• Prince William County provides access to an outstanding talent pool of highly-skilled, culturally diverse labor; 44% of the workforce has a college degree.
• Prince William County carries a AAA bond rating from all three of the major credit ratings agencies (Fitch, Moody’s and S&P).

View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005956/en/