Arizona Details Bioscience Plans

Armed with its new bioscience development plan, Arizona is readying for future competition for bioscience business, research and other opportunities. The state plan to move forward on several fronts:

1. Increasing tech transfer.
2. Attracting new bioscience companies.
3. Expanding university and company research.
4. Attracting new talent vital to the industry.
5. Creating more lab space.

Last year, state and local officials invested $120 million to lure TGen, or the Translational Genomics Research Institute, to build a new campus research center in downtown Phoenix. Some hold high expectations for big short-term results. Informed sources caution that the effort may take a decade or more to see really significant results. Phoenix has made a pitch for Athersys, the Cleveland-based bioscience company that is currently exploring its future business location options.

Go here to read more about the Arizona bioscience strategy.