The California-based Scripps Research Institute will extend its presence to the East Coast by opening a new annex in Palm Beach, Florida. An exact location has yet to be announced for the planned 364,000–square-foot facility, scheduled for opening in 2006 and expected to cost $140 million, with $50 million in scientific equipment.
"We're very excited about expanding the basic medical research we do here in La Jolla," Scripps spokesman Keith McKeown told
The October 9 announcement came after 4 months of discussion with Florida officials, McKeown said.
Scripps is the largest private nonprofit research organization in the United States, with a roughly $280 million operating...