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Life Science & Biotechnology - Why
Orlando?
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The growing biotechnology and life science industry in Metro
Orlando is focused on improving our quality of life through a
wide-range of leading edge endeavors in such diverse areas as:
- Agritechnology
- Biomedical engineering
- Clinical trials
- Diagnostic testing
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- Genomics
- Nutraceuticals
- Pharmaceuticals
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| Complemented by nationally-recognized
local hospitals and research facilities, along with a wealth of
medical equipment vendors, the sector is well structured for
continued expansion. |
- Marketplace:
There are 150+ biotechnology and life science companies located in
Metro Orlando, generating revenues of $2.6 billion. Areas of
concentration include:
- Evidence-based clinical lab testing
- Bioterrorism defense
- Functional foods
- Medical training simulation
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- Plant pathology
- Disease management
- Telemedicine services
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- Workforce: The
biotechnology and life science sector in Metro Orlando benefits
from a steady flow of graduates from the region’s well-regarded
post-secondary institutions and vocational programs. Medical
training conducted at the region’s award-winning hospitals further
adds to the workforce quality.
- Education:
Metro Orlando’s location in the center of Florida’s Intelligence
Triangle enables the region to draw on the skill and talent of
graduates from the state’s six top universities. Local teaching
hospitals also offer valuable training courses in a variety of
specialties.
- Industry
Organizations and Involvement: Metro Orlando features
support organizations devoted to raising the visibility of the
biotechnology and life science industry by providing the resources
necessary to contribute to the success of businesses in the
sector.
- Incentives: The Metro Orlando community is focused
on advancing the growth of all sectors of high tech industry in the
region. To that end, grant funding and other financial incentives
are available to attract new high tech businesses to the area and
to enhance existing organizations. As an example of such innovative
incentives, UCF and local government created initial stage funding
for a biotechnology company by providing funding for a
state-of-the-art greenhouse research project.
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