Cutting Planned to
Welcome Discovery Park’s Newest Tenant
A ribbon cutting for the new home of the
MU College of Veterinary Medicine Research Animal Diagnostic
Laboratory will be held at 4:30 p.m. on Monday, Aug. 4, 2008,
at Discovery Ridge. RADIL Director Dr. Lela Riley will discuss
the laboratory’s mission before introducing speakers
Dr. Brady J. Deaton, MU chancellor; Dr. Neil Olson, College
of Veterinary Medicine dean; and Dr. Michael Nichols, UM vice
president of research and economic development.
After the ribbon cutting, tours of the
new facility will be offered and refreshments will be served.
RADIL is the second tenant to locate in
Discovery Ridge. Columbia’s Analytical Bio-Chemistry
Laboratories moved some if its operations to the 500-acre
research park earlier this year. RADIL is the second-largest
research animal diagnostic laboratory in the world and the
only one that is part of an academic institution. The facility
serves more than 1,000 clients, including universities, pharmaceutical
companies, research institutes, biotechnology companies, and
hospitals. As part of its academic role in the College of
Veterinary Medicine, the program has trained more specialists
in comparative medicine than any other program in the country.
RADIL was started in 1968 with funding
from the National Institutes of Health. When NIH no longer
funded rodent diagnostic laboratories 15 years ago, the laboratory
became a fee-for-service based business. In FY08, revenues
from the laboratory services totaled nearly $9.2 million.
Construction of RADIL’s $15.5 million
Discovery Ridge facility was funded with laboratory revenues
without use of state tax dollars. RADIL, generates an annual
payroll of $3.3 million, and employs nine faculty members,
52 full-time staff members, and 48 post-doctoral fellows,
graduate and undergraduate students. The new center will expand
opportunities for economic growth in mid-Missouri and create
more jobs for researchers, skilled staff and technicians.
Discovery Ridge, located on the University
of Missouri South Farm, encompasses 125 acres adjacent to
Highway 63, three miles southeast of the main Columbia campus.
During the next 25 years, planned expansion is expected to
increase the park to 500 acres; create 300,000 jobs, $17 billion
in personal income and $1.2 billion in net general revenue;
and have a $33 billion economic output.
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