Another bioscience company has announced its intention to lease new space at Kansas University’s Bioscience & Technology Business Center at 2029 Becker Drive.
Gyrasol Technologies will occupy 720 square feet in the building, and will come to Kansas with two employees on staff, joined by two just-hired scientists who are both KU graduates. Susan Burgess, CEO of Gyrasol, said the company plans to hire as many as 12 more positions in the next two years.
The company focuses on technology that predicts the kind of treatments that will work best for cancer patients, said Burgess, who graduated from KU with a doctorate in pharmacology and toxicology in 1980 before leaving Lawrence to work in the pharmaceutical industry.
She said she has formed four start-up companies since leaving the industry.
“It’s really gratifying to me that I can come back to Kansas and provide jobs for some really talented young scientists,” she said.
LaVerne Epp, president and chairman of the Lawrence-Douglas County Biosciences Authority, said his organization — along with other community partners like the Chamber of Commerce and Douglas County Development, Inc. —made a $225,000 investment in the new company as a loan to be paid back as the company grows.
Gyrasol is the sixth company to move into the BTBC building at KU, filling it to 66 percent capacity. A seventh company, Argenta, has announced its intention to move into the building as well. Once that move occurs, the building will be at 75 percent capacity, said Matthew McClorey, BTBC executive director.
“It’s further validation that the model is working,” he said.
Gyrasol will relocate to Kansas from New Mexico, after a nationwide search for new sites.