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A world-class biomedical research and development cluster is emerging in Victoria, Australia, powered by huge, new public-private research complexes, a supercomputer for IBM and associated researchers at the University of Melbourne and a state commitment to "support the science."

The CEO of a young firm with applications ranging from neurological disease to biofuels explains his company's flight to southern Spain in Fledgling Biotech Firm Finds Andalucia Attractive.

Two giants make strategic investment plays on what one calls its "world production chessboard," in Sanofi and Solvay Make Moves in Italy.


Colorado Gov. Bill Ritter signed two executive orders designed to promote the growth of emerging technology companies in the state, including those in bioscience. The effort is supported by the Colorado BioScience Association.

A study conducted by Battelle and commissioned by the American Council for Medical Innovation says the U.S. is at risk of losing its lead in medical innovation. It urges intervention at the highest levels of government to ensure continued competitiveness.

Richards Barry Joyce & Partners has released "bioSTATus - Summer 2010," the firm?s semi-annual report on Greater Boston's biotechnology real estate market. According to the report, laboratory space continues to outperform other property types in the area, such as office and industrial buildings.

KMPG Healthcare recently released its Managed Care Industry Report, which analyzes the 2009 performance of major U.S. managed care companies. It also presents KPMG Healthcare?s assessment of the current state of the industry and the trends that affect it.

BASF Plant Science has garnered the 5th annual North Carolina Leadership Award in Industrial Biotechnology. The award, bestowed by the North Carolina Biotechnology Center, recognizes outstanding achievement in several areas.

Indiana is one of the leading states for the medical device industry. The Indianapolis Star reports on how the state?s medical device companies are gearing up to deal with potential new taxes related to expansion of healthcare coverage.

Oklahoma Projects Progress

At a time when many other states are seeing slowed growth, Oklahoma companies are expanding and building new bioscience facilities. Here is an update on a few of them.

Oklahoma Medical Research Foundation Tower
The Dean McGee Eye Institute is the home of the Department of Ophthalmology of the University of Oklahoma.
In 2009, the Oklahoma Medical Research Foundation (OMRF) broke ground on a new 186,000-sq.-ft. (17,279-sq.-m.), eight-story research tower. Topped by 24 helix-shaped wind turbines to help power its labs, the building is designed around "green" features and will be completely energy efficient. The $125 million project is due to be completed in 2011.

Dean McGee Eye Institute
In July 2006, Dean McGee Eye Institute (DMEI) broke ground on a $43.5-million research building. The 82,000-sq.-ft. (7,617-sq.-m.) state-of-the-art science laboratory, clinical research and patient care space is due to be complete in late 2010, doubling the size of the existing Institute.

Ardmore Technology Park
Ardmore Development Authority (ADA) has worked out an arrangement with Ardmore Technology Park (ATP) Development LLC (a group of local and state investors) to develop a 47-acre (19-hectare) technology park. The ADA will deed 47 acres to ATP. In exchange, the company will develop the infrastructure of the park at their expense, build the buildings and lease the buildings to technology companies. Construction will begin on the infrastructure in 2010. Construction should also begin in 2010 on a business incubator. The initial phase of construction should be completed in 2011.


Vol.1 , Issue 04

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