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Redpoint Bio Relocates to Ewing

The building’s owner, BioMed Realty Trust purchased the property two years ago.Redpoint Bio Corp. today said that it has relocated its corporate headquarters and research facility to 7 Graphics Drive in Ewing from 2005 Eastpark Blvd. in Cranbury, where it had occupied 5,000 square feet of space. Redpoint Bio, which is a subsidiary of Robcor Properties Inc. (OTCBB:RBCR), is a biotechnology firm specializing in taste enhancers and taste blockers for the food, beverage and pharmaceutical industries.

Redpoint Bio will take up 18,577 square feet of space at 7 Graphics Drive, a 72,000-square-foot retrofitted facility that was previously occupied by JDS Uniphase, a Milpitas, Calif.-based provider of broadband test and measurement products and services. The building’s owner, BioMed Realty Trust, a San Diego-based life sciences real estate investment trust, purchased the property two years ago. Redpoint Bio, which currently has 25 employees, plans to expand operations at its new headquarters, starting with the hiring of 10 additional scientists this year, according to Chief Financial Officer Scott Horvitz.

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