The Siberian Innovation Medical Technology Center is opening in Novosibirsk in mid-December, portal Innovus Tomsk Innovation Forum reports, citing Mikhail Sadovoy, a project initiator and director of Novosibirsk Research Institute for Traumatology and Orthopedics.

According to Mr. Sadovoy, this will be “Russia’s first closed-cycle biomed techno-park.” In addition to about $33m to be spent on construction the project will reportedly require another $32-34m for equipment.

Under plans, this will be a ten-storey building with eight “state-of-the-art operating rooms” enabling “between four and five thousand hi-tech operations a year.”

“There will be five large areas for corporate residents working on priority biomed projects. A whole set of facilities for lab research, diagnostics, clinical trials and rehabilitation will be there, creating a closed cycle,” Mr. Sadovoy said.

The techno-park will focus on traumatology, orthopedics and neurosurgery, taking scientific developments from project ideas to a level of clinical trials, he added.

According to the research institute director, some international biomed majors like Johnson & Johnson, Carl Zeiss, Zimmer and others are considering opening their rep offices in the future techno-park.