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Posted on Thu, Sep 24, 2009 : 5:35 p.m.

Ex-Pfizer building in Plymouth celebrated as it becomes regional life sciences incubator

By Paula Gardner

The Michigan Life Science and Innovation Center is up and running in Plymouth Township in the 57,518-square-foot building that housed Esperion Therapeutics when Pfizer Inc. announced it would close its southeast Michigan operations in early 2007.

Esperion co-founder Roger Newton re-acquired the biotech research operation from Pfizer in a $22.75 million deal in spring 2008. And then after a $4.5 million deal with regional economic development officials - including Ann Arbor SPARK - the building has been turned in a biotech incubator.

Plans for the facility started last fall.

Nine tenants occupy the space, including the new version of Esperion, according to a news release issued this afternoon. Another tenant is Lycera.

Other partners in the deal are the Michigan Economic Development Corp. and the Greater Wayne Economic Development Corporation.