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For years behind the scenes, a $13.4 billion technology industry
has grown alongside the theme parks, palm trees and golf courses of
Central Florida. A fast-emerging life science and biotechnology
sector has sprung from a renowned regional healthcare system,
comprising some of the top hospitals in the country, and has been
further enhanced by research facilities, business incubators,
research parks and educational programs. Metro Orlando has also
become a hub for specialty pharmaceutical compounding and
distribution.
Picking up the pace, this region’s life science sector gained
great attention when the University of Central Florida, ranked the
5th largest university in the nation, gained approval to build a
new College of Medicine - this coming on the heels of announcing
its Burnett School of Biomedical Sciences. Together the Burnett
School and College of Medicine will create a research intensive
institution where cutting edge research will span the entire
spectrum from the lab to the bedside of patients, while providing a
great training environment for physicians and biomedical
researchers.
As major research institutions and hospital systems looked to
Orlando as their possible home it became clear to the business
community that the life science and biotechnology sector had gained
tremendous momentum. The call for a unified group to accelerate
life science in Central Florida became even louder following the
announcement that the Burnham Institute for Medical Research had
selected Orlando’s Lake Nona as its east coast expansion site.
In early 2007, the Metro Orlando Economic Development Commission
(EDC) accepted the task of forming a life science council. On
behalf of the community, our goal was to harness efforts to build
this cluster under one umbrella. The EDC engaged North Highland
consulting group and additional stakeholders to identify what would
be necessary to develop the life science industry in Central
Florida. Over a period of 180 days, focus groups, personal
interviews, extensive research, and travel to 12 life science
regions in North America occurred. The result of this collaborative
work was the launch of bioOrlando in July of 2007.
bioOrlando gives real form - with structure and
processes - to our collaborative spirit.
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