LifeNet Health acquires VB state-of-the-art research laboratory

VIRGINIA BEACH, Va. (WAVY) — LifeNet Health has acquired a cutting-edge research laboratory as a center of excellence for groundbreaking liver disease research and sports medicine applications.

Located near Town Center, LifeNet Health secured the approximately 5,700-square-foot space, adding to the company’s rapidly expanding regional impact.

The laboratory will also be beneficial for a growing number of patients as it helps provide better health solutions. The acquisition underscores the company’s dedication to using life sciences research to revolutionize patient outcomes.

“I am immensely proud of LifeNet Health’s progress and the transformative potential this new laboratory represents,” said LifeNet Health President and CEO Rony Thomas. “Our home is Hampton Roads, and we take great pride in delivering for not only patients but for our neighbors as well. This facility will be a cornerstone of our life sciences research programs, significantly enhancing our ability to address critical health challenges. By expanding our presence in Virginia Beach, we are not only advancing medical science but also contributing to the economic vitality of the region.”

LifeNet Health’s acquisition of the state-of-the-art facility brings years of potential promise to fruition as it can position the region at the forefront of innovation for years.

“We are excited to widen our footprint and generate new jobs in Virginia Beach, especially when many organizations are downsizing,” said John Herre, MD, chair of the LifeNet Health Board of Directors. “Virginia Beach has been a consistent and nurturing partner for LifeNet Health for over 40 years, and we are eager to continue that relationship and play a pivotal role in revitalizing its downtown, solidifying its status as a life sciences hub.”

For the latest news, weather, sports, and streaming video, head to WAVY.com.