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biotech

Amgen Inc. announced an agreement Monday to become a sponsor of LabCentral, a biotech incubator in Cambridge, Mass.

The Thousand Oaks pharmaceutical company can nominate up to two biotech startups a year for residence in LabCentral’s facilities. The lab has 28,000 square feet and can house 28 early stage companies. Other sponsors of the project include Massachusetts Life Sciences Center, MIT and Johnson & Johnson Innovation.