Phoenix Bioscience Hub Has $3B In Projects And 7K New Jobs In The Works

Phoenix AZ

20 January, 2021

5:37 PM

Description

Press release from the City of Phoenix: January 19, 2021 Wexford Science+Technology invested $70 million to build the first research center on its portion of the Phoenix Biomedical Campus (Image by Wexford) Show Caption Hide Caption Phoenix Bioscience Hub has $3B in Projects and 7K New Jobs in the Works January 19, 2021 10:15 AM The bioscience sector in Phoenix is heating up and the world is taking notice, as exclusive licensing agreements are forged, lab space is being built and medical schools are expanding. Construction is underway or about to begin in Phoenix on bioscience health facilities with a capital value of more than $3 billion, according to data compiled by Phoenix Community and Economic Development. More than 7,000 new bioscience health care jobs will be created in Phoenix during this time. The Translational Genomics Research Institute just forged a worldwide exclusive licensing agreement for its proprietary technology that uses a blood test to catch tumors even before X-rays and CT scans. TGen, an affiliate of the City of Hope, now has a deal with Madison, Wisconsin-based Exact Sciences Corp. This press release was produced by the City of Phoenix. The views expressed here are the author's own.