Rhode Island Life Science Hub Prepares to Open Ocean State Labs with Six Companies
The Rhode Island Life Science Hub is set to open Ocean State Labs, the state's first life science incubator, in early 2026. Six companies, including OncoLux, Inc., Pax Therapeutics, XM Therapeutics, and P53 Therapeutics, are confirmed to move into the facility at 150 Richmond St., Providence, beginning February 2, 2026.
The lab space can accommodate up to 30 companies and aims to support the life sciences industry in Rhode Island. The Hub was launched in 2023 with a $45 million investment from the General Assembly and is seeking further funding, including a proposed $115 million innovation bond for defense, marine, and life sciences. Leadership expresses confidence in continued legislative support to foster growth in the life sciences sector.
