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Overview & History

Metro Orlando’s biotechnology and life science sector is developing a strong presence in the region with more than 150 companies involved in numerous facets of the industry such as:

Boasting some of the country’s top universities, hospitals and research centers, the state of Florida has been recognized as the third best location for biomedical technology businesses in the U.S.

The sector in Metro Orlando has benefited from cross applications with the region’s prominent modeling, simulation and training, photonics and agriculture industries. From life-sized human patient simulators to laser surgery to genetic improvement of crops, elements of biotechnology are thread through multiple trades.

Adding to the strength of the biotechnology and life science sector is a strong healthcare system anchored by several nationally-recognized medical facilities, including:

  • Orlando Regional Medical Center
    • Seven-hospital system; level 1 trauma center serving a 22-county region
    • Teaching hospital with seven residency program.
    • Arnold Palmer Hospital for Children and Women
      • Ranked in the top 5 in the U.S.
    • M. D. Anderson Cancer Center Orlando
      • Ranked in the top 2 in the U.S.
  • Florida Hospital of Orlando
    • Adventist Health Care’s 37-hospital system, largest non-profit system
    • Ranked in the top 10 by U.S. News and World Report
    • The number one cardiovascular center in the USA teaching hospital

Biotechnology businesses have also been able to take advantage of supporting resources common to these industries, such as:

  • Research facilities
  • Educational programs
  • Business incubators

The focal point for the region’s extensive technology research projects is Central Florida Research Park—one of the top 10 parks of its kind in the world. Located adjacent to the University of Central Florida (UCF), the facility is a cooperative effort among academia, industry and government that pursues collaborative research and brings existing technology to the commercial marketplace.

The UCF Technology Incubator opened in 1999 and has grown to include 55 emerging technology companies. The Incubator's mission is simple: A university-driven community partnership providing early stage technology companies with the tools, training and infrastructure to create financially stable, high-growth companies. The Incubator serves the region's technology industry sector by specializing in leveraging the intellectual capital and resources of the university and community to give new companies a competitive advantage.

To date the program has served more than 70 companies, which have been responsible for creating more than 450 new jobs in the area, generating $150+ million in revenues and securing $90+ million of investment.

Under consideration is a second Metro Orlando research park, which would be dedicated to agricultural science with emphasis on genetic alteration of plant tissue to produce pharmaceutical products. The park would be a valuable addition to the Mid-Florida Research and Education Center (MREC)—part of the University of Florida’s Institute of Food and Agricultural Sciences—which offers research, extension and teaching programs centering on plant development, production and protection.

Metro Orlando is positioned in the heart of the state’s Intelligence Triangle, which:

  • Comprises six top universities
  • Combined enrollment of 180,000
  • Graduates tend to seek employment within the state
  • UCF, one of the country’s leading metropolitan universities, is closest to the region
  • University of Florida, located in nearby Gainesville, features world-renowned medical research facilities
  • University of South Florida’s Center of Excellence in Bioengineering and Life Sciences brings together a cluster of more than 370 regional medical manufacturing companies

Additional benefits of Metro Orlando to the biotechnology and life science sector are:

  • An advanced telecommunications system integral to data transmission
  • Comprehensive transportation, including:
    • A world-class international airport
    • Interstate highways
    • Access to multiple seaports
    • “Plug and play” lab space
    • Build-to-suit options

Combined with a deep commitment among educational, government and industry leaders to strengthen the biotechnology and life science sector in Metro Orlando, the region offers a wealth of opportunity to both new and existing companies in the industry.

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