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Scripps Breaks Ground
Construction is underway on the temporary site for Scripps
Florida. At Florida Atlantic University MacArthur Campus in
Jupiter, the state said the science building will house the
institute's operations until builders complete a permanent
Scripps Florida facility in Palm Beach County in the third
quarter 2006. Based in La Jolla, Calif., the Scripps Research
Institute is noted for research in Leukemia, ovarian cancer,
Lou Gehrig's disease, Alzheimer's and AIDS.
California a No Show at BIO
Citing a lack of money, California state economic development
officials did not participate in the recent BIO trade show
in San Francisco. BIO is the world's largest biotech conference
with approximately 20,000 participants each year. Officials
representing North Carolina's biotech industry brought their
largest contingent ever to the conference, which was held
June 6-9.
Biotech Giant might Move to U.S.
Serono SA, one of Europe's biggest biotech companies with
revenue of over $2 billion in 2003, is saying it might depart
for the U.S. in what "would be the culmination of frustration
with Europe's fragmented health care policies." CEO Ernesto
Bertarelli says that the climate for biotech firms in Europe
is poor and appears to be getting worse.
South Carolina Biotech Firm Expanding
Poly-Med, Inc., a biomedical device company based in Anderson
County, S.C. has announced an expansion of its operations.
The company will invest several million dollars in its current
and future facilities in the Clemson Research Park and hire
about 25 workers. Poly-Med is devoted to the development of
absorbable and biodegradable materials for medical and pharmaceutical
applications.
Vanderbilt Adds $110M Facility
Vanderbilt University Medical Center is constructing a $110
million medical research building. The new building will compliment
its Light Hall and Langford Auditorium and will add 200,000
square feet of usable research space. The project will also
connect the two buildings and expand both lobbies. The building
will be named MRB IV. Construction is expected to be completed
by 2006.
Baltimore Life Sciences Park in the Works
Maryland is expected to spend $26.5 million on the East Baltimore
Life Science Park over the next five years. The park will
cover 22 acres of an ongoing 80-acre redevelopment of East
Baltimore near Johns Hopkins. The park will include 2 million
square feet of research space, a biotech incubator for startups,
a new mass transit connection, and green space. The project
will create about 8,000 new jobs.
Texas Ranks Fifth for Nanotech
A Small Times magazine study ranks Texas number five among
hot spots in the country for nanotechnology and microsystems
business development. Texas is considered the most affordable
of states in the Top 10. California leads the list of hot
spots, followed by Massachusetts, New Mexico and New York.
The magazine lists Arizona, Maryland, North Carolina and Washington
as states to watch.
University of Florida Lands Grant for Biopharmaceutical
Facility
The U.S. Economic Development Commission has awarded a $2
million grant to the University of Florida to fund a biopharmaceutical
manufacturing facility. The grant will fund renovation of
one of two buildings the school bought to house the Center
of Excellence for Regenerative Health Biotechnology. The center
was established in 2003 with a $10 million state grant matched
by $10 million from the university. The goal of the center
is to transform potential products discovered in the laboratory
into medicines suitable for clinical trials.
Kansas House Passes Biosciences Bill
The Kansas House of Representatives approved a bill Thursday
intended to spark economic development related to the biosciences
industry in Kansas. The proposed Kansas Bioscience Initiative
would require an estimated $500 million budget to cover research
and commercialization efforts. If approved, the bill would
establish incentives such as a seed fund for startup biosciences
companies and tax breaks for companies to expand and locate
in Kansas. Proponents of the initiative expect it to create
more than 24,000 jobs in Kansas by 2013.
Biotech Bill Passes in Georgia
The Georgia Senate has passed a bill to increase the amount
of state seed money a life sciences company can receive to
$1 million. The bill modifies a statute passed by a voter
referendum in 1989. The transactions must be authorized by
the state-funded Advanced Technology Development Center at
Georgia Tech. For a loan to be approved, every state dollar
loaned must be matched by $3 from the private sector.
Noble Foundation Completing Expansion
The Noble Biology Research Center expansion is underway in
Ardmore, Okla. A new 50,000-square-foot lab and research facility
called LabLink is being added to Noble's campus. The new facility
will enhance Noble's worldwide reputation for plant chemistry,
agricultural biotechnology, biochemistry and genomics. The
Noble Foundation is situated on 848 acres and employs 260
scientists, researchers and support personnel in Ardmore.
State Invests $53M in Health Science Center
Tennessee's Governor announced a $53 million investment for
the University of Tennessee Health Science Center and the
local Memphis biotechnology effort. More than $40 million
is earmarked to build a new College of Pharmacy on the campus.
The remaining $10 million will go to complete site preparation
for the UT-Baptist Research Park.
Organization Moves into New Space in Maryland
The Federation of American Societies for Experimental Biology
(FASEB) recently moved into a new 55,000-square-foot office
facility in Bethesda, Md. FASEB is a coalition of independent
member societies that serve the interest of biomedical scientists.
Pharma Company Expands in St. Louis
Centocor, Inc., a Horsham, Pa.-based subsidiary of Johnson
& Johnson, is acquiring Wyeth Pharmaceuticals' St. Louis
biopharmaceutical manufacturing facility for an undisclosed
amount. The facility will allow Centocor to increase material
production for products currently in its pipeline. The company
develops treatments for cancer and immune-related inflammatory
disorders, such as arthritis.
Drug Company Expands in North Carolina
Generic drug maker Andrx is renovating an old 500,000-square-foot
plant in Morrisville, N.C. that used to belong to Bristol-Myers
Squibb. The project is worth $87 million and the company will
hire at least 30 employees when the plant opens later this
year.
Nanotech Start-Up Chooses Austin
Nano Vance, Inc., a nanotechnology startup, has chosen Austin
for its corporate headquarters. The company plans to employ
60 people within the next 18 months. The office location is
yet undetermined.
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