Tuesday, November 22, 2011

State vying for big biotech facility - Atlanta Business Chronicle:

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Modeled on the Johns Creel project, Stanton Springs includes areasfor office, research, business servicw and light industrial uses, according to its Web The company might also have an interes in the 487-acre Fort which state officials envision as a scientific research facilit y on par with The Research Triangle Park in Northn Carolina. The Georgia sites being lookefd at are concentrated around what the state is marketinhg asan “innovation crescent” — a region that spans a dozen counties surrounding Atlanta. The area stretchess from downtown’s and campuses to Athens-Clarke home of UGA.
Metro Atlanta has the skillee workforce, research institutions and state government backingf to lure a largerbiomedical development, said Eric Tomlinson, co-chairman of Georgia Bio and CEO of Atlanta-base d , who said he was not familiar with the potential biotecuh project. Atlanta’s internationally connected airport and theSavannayh port, Tomlinson said, would make the regio n attractive to vaccine manufacturingv operations, which are typicallt supported by global distribution If the project came to “it would continue Georgia’s march to become recognized as one of the key centera of biotechnology in the United States,” Tomlinson said.
“Aq lot of new industry [and investment] could mutatre around this.” The state is actively recruiting thebiotechy industry, the GRA’s Cassidy said. “All of the signalsd from the state are: ‘We want to recruitg and build this industry inthe state,’ ” Cassidyh said. Atlanta’s strengths as a globally accessible location make the region attractived for a globalbiomedicalk company, just as it does for , and , said Tom managing director at Georgia Venture Partners. “Thre industry is looking for ways to save costs andincreaseed efficiency, through consolidation,” said Callaway, who was not familiar with Projecgt Boss.
“For [a company] to identify Georgiaq as a place to potentially consolidatee would be a signal tothe ... biotecgh industry that Georgia’s open for business.”

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