|
|
|
|
|
|
| Serving start-ups in MedTech, Biotech, Biopharma and FoodTech, the Incubator aims to become a vibrant centre of entrepreneurship, technology and science. |
SINGAPORE, Sept 24, 2021 - (ACN Newswire) - ACROMEC Limited (ACROMEC; SGX: 43F), a specialist engineering services provider, announced that subsidiary ACROMEC Engineers Pte Ltd (ACROMEC Engineers) through joint-venture associate Life Science Incubator Pte Ltd, has launched the first Life Science Incubator co-working laboratory space, with a ceremony on location at the German Centre, International Business Plaza, Singapore.
The ceremony was attended by Mr Alvin Tan, Minister of State, Ministry of Culture, Community and Youth and Ministry of Trade & Industry and others from the Economic Development Board, Enterprise Singapore, SGInnovate, A*STAR, NTUitiv and NUS accelerator. Members of Life Science Incubator's current network of some 20 industry partners, including Merck, also attended the event.
Serving early-stage bio and pharma start-ups, companies and entrepreneurs in the MedTech, Biotech, Biopharma and FoodTech sectors, Life Science Incubator will provide flexible co-working laboratory spaces for research and development. With access to communal state-of-the-art technologies and facilities, start-ups will be able to fully focus on innovation and talent in science without having to think about hefty infrastructure capital.
Said Niamh Madden, General Manager of Life Science Incubator, "Today marks the start of our exciting journey at the Life Science Incubator. We look forward to supporting science and technology start-ups and being an integral launchpad for their endeavours. With our strong network of partner companies, we are confident that the incubator will become a vibrant centre of entrepreneurship, technology and science."
Said Mr Lim Say Chin, Executive Chairman and Managing Director of ACROMEC, "The successful completion and launch of the Life Science Incubator attests to ACROMEC's track record and success as a specialist engineering provider for controlled environments. We are excited to be a part of this vibrant ecosystem and will continue to serve companies and start-ups in the life science, biotech, healthcare, and research sectors."
In July, the Group announced that wholly-owned subsidiary ACROMEC Engineers had entered into a joint-venture agreement with strategic partner Tako Ventures to build, own, and operate JVCo and co-working laboratory facilities. JVCo is 30% owned by the Group through ACROMEC Engineers, while Tako Ventures holds the remaining 70% stake, managing JVCo and the Life Science Incubator.
ACROMEC Engineers undertook the design, construction, and fitting-out works for the 600 square meter Life Science Incubator's co-working lab facilities, which includes 8 suites, 51 lab benches, and 1 operating theatre.
About ACROMEC Limited
SGX Catalyst-listed ACROMEC (SGX: 43F) is an established specialist engineering services provider with more than 20 years of acquiring expertise in the design and construction of facilities requiring controlled environments, such as laboratories, medical and sterile facilities and cleanrooms. Amongst its customers, ACROMEC counts hospitals & medical centres, government agencies, educational institutions, research & development companies and multinational units, pharmaceutical, semiconductor manufacturing and engineering companies. For more information, visit www.acromec.com.
ACROMEC share information through SGX (43F), Bloomberg (ACRO.SG) and ThomsonReuters (ACRO.SI).
Analyst & Media contact:
ACROMEC Limited
Mr Jerry Tan, CFO
E: jerry.tan@acromec.com
Waterbrooks Consultants Pte Ltd
Mr Wayne Koo / Ms Raihana
T: +65 6958 8002 / +65 9338 8166
E: wayne.koo@waterbrooks.com.sg / raihana@waterbrooks.com.sg
Topic: Press release summary
Source: ACROMEC Engineers / Life Sciences Incubator
Sectors: Healthcare & Pharm, PE, VC & Alternatives, Construct, Engineering, Startups
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
GIC Discloses Third Change in Shareholding in Ascletis Pharma Inc. -B (01672.HK) This Year: Further Increases Stake by Over 10 Million Shares, Raising Holding from 7.00% to 8.36%
June 26, 2026 08:37 HKT/SGT
|
|
|
GA-ASI Adapts Ground Control Station to Fly MQ-9B
June 25, 2026 22:00 HKT/SGT
|
|
|
Pacific Avenue Capital Partners Announces Investment Committee Appointment, New AI Initiative, and Team Expansion
June 25, 2026 21:00 HKT/SGT
|
|
|
10 winners selected at 9th edition of Start-up Express
June 25, 2026 20:01 HKT/SGT
|
|
|
AEON Credit Records a Solid Start to FY2026/27 as First Quarter Net Profit Jumps 24.4%
June 25, 2026 19:29 HKT/SGT
|
|
|
Global AI Boom Drives Strong Growth in Hong Kong's May Exports
June 25, 2026 18:03 HKT/SGT
|
|
|
ICETECH and PARKEE, a CentrePark Group Subsidiary, Sign MOU to Establish Strategic Collaboration Framework for Indonesia's Smart Parking Market 
June 25, 2026 10:30 HKT/SGT
|
|
|
Everest Medicines and Hainan Herui have entered into a commercialization collaboration relating to Hainan Herui's budesonide enteric capsules, further enhancing patient access to the medication
June 24, 2026 16:13 HKT/SGT
|
|
|
VivaTech 2026 Hong Kong Tech Pavilion connects local start-ups with European opportunities
June 24, 2026 15:50 HKT/SGT
|
|
|
Airwheel Launches SE3SXD AI Cabin Suitcase, Introducing a New Era of Smart Luggage, Electric Suitcases and Intelligent Travel
June 24, 2026 13:00 HKT/SGT
|
|
|
|
|
More Press release >> |
|
 |
|
 |
|
