The Hershey Center for Applied Research
(HCAR) is a research park
that offers life sciences and high technology companies at all phases of the business lifecycle state-of-the-art wet and dry lab facilities and office space, as well as access to capital, business support services, and shared amenities. The first building of the research park was completed April 27, 2007 and is . The campus is master planned to include up to 12 similar buildings.
The campus is located adjacent to the Penn State Milton S.Hershey Medical Center and College of Medicine
, an academic medical institution that is undertaking approximately $100 million annually in research, thereby providing a pipeline of opportunities for collaborations and partnerships between academia and industry. In fact, although no formal relationship exists between HCAR and Penn State University, the Penn State College of Medicine’s Department of Pharmacology and the Penn State College of Medicine’s Technology Development Office are the anchor tenants of Building One.
HCAR is designed to provide very flexible, below metropolitan-priced, state-of-the-art facilities and amenities that have the ability to meet the unique needs of high technology companies. In providing wet and dry lab space as well as traditional office space, the research park is filling an unmet regional need.
The research park is a project of Maryland-based real estate development firm, Wexford Science & Technology. Supporting organizations include the... Read More