Thursday, April 27, 2006

Biotech News - Surprise Considers Biotech Pact

Surprise considers biotech pact

Surprise is considering a partnership with Sun Health Research Institute that would place a "biotech village" in the city's center and catapult it into the biotech big leagues.

John Hagen, Surprise's economic-development director, told the council that there is a shortage of laboratory and start-up space for the biotech industry. Surprise could offer that space via the biotech village, he said.

The goal would be to attract selected life-sciences ventures by developing lab start- up space. A 40-acre campus consisting of several medical-office facilities would be built in phases.

Partnering with the prestigious Sun Health Research Institute would give Surprise an advantage in attracting other biotech companies, Hagen told the council Thursday.

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