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Phoenix, Arizona, has become a significant hub for the biotech industry, with a rapidly growing life sciences sector. Our partner, Phoenix Bioscience Core (PBC), is a foundational impact-maker in the ecosystem.
PBC is a 30-acre life sciences innovation district in Downtown Phoenix's heart. It fosters collaboration and innovation among research institutions and companies and aims to drive translational discovery and advance precision medicine from discovery to delivery. By creating a collaborative environment, PBC aims to accelerate breakthroughs in healthcare and improve patient outcomes through cutting-edge research and development.
PBC is proud to host groundbreaking tenants like the Translational Genomics Research Institute (TGen), an affiliate of the City of Hope, and the International Genomics Consortium (IGC). These world leaders in genomics are driving forward innovative research that delivers personalized, life-changing medical treatments to millions. TGen and IGC have spun out over 30 bioscience companies, continuously pushing the envelope in precision medicine.
Beyond these renowned organizations, PBC is a hub for corporate, federal, and early-stage life science leaders alongside nationally ranked medical education and academic research institutions. Esteemed entities such as Exact Sciences, the National Institutes of Health’s (NIH) National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) research center, the Phoenix Veteran’s Affairs (VA) Office, and the Dignity Health Cancer Institute all call PBC home.
PBC boasts unparalleled access to the next generation of medical and research talent. It is a conduit between Arizona's three public research universities, Arizona State University (ASU), Northern Arizona University, and the University of Arizona, leading genomics pioneers, and numerous private companies. This unique environment encourages unprecedented collaborations and sets a new standard in advancing precision medicine.
Also, Phoenix Union’s Bioscience High School and ASU’s Preparatory Academy are located within PBC, providing companies with talent across various educational levels, from high school interns to future physician-scientists and leading research faculty.
With this robust network of academic and research institutions, PBC ensures life science companies have access to state-of-the-art facilities and cutting-edge research capabilities, fostering innovation and advancement in the biomedical field.
In addition, since its opening in March 2021, 850 PBC by Wexford Science + Technology has been a beacon of collaboration and innovation. Emerging therapeutic companies like Arizona State University’s (ASU) Translational Research Center and the Center for Entrepreneurial Innovation (CEI) with their Market Validation Lab and LabForce programs operate within this 227,000-square-foot, fully lab-enabled center. Additionally, Wexford Innovation Labs provides early-stage companies with small private labs with essential resources to support their growth.
The Phoenix biotech industry has grown substantially over the past few years. According to the Arizona Bioindustry Association (AZBio), biotech employment across Arizona has increased by 15% since 2016.
PBC is critical to Phoenix’s BioTech talent growth. It has contributed to substantial job growth in the life sciences sector, with over 450 tech and startup companies located in central Phoenix. This growth has created numerous job opportunities and bolstered the local economy. Also, multiple academic institutions within the PBC offer students and researchers access to top-tier education and training programs, helping to cultivate the next generation of medical and research professionals.
We are grateful to have PBC as a critical leader in Phoenix’s bioscience industry. Visit their website for more information on this innovative entity.
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