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New Report Shows Life Sciences as a Major Economic and Innovation Engine for Georgia

November 3, 2022

ATLANTA–(BUSINESS WIRE)–According to a new industry report released by the Center for Global Health Innovation (The Center) and TEConomy Partners, a global leader in research and analysis, Georgia’s life sciences industry has experienced strong and steady employment growth in recent years, outpacing even the rapidly growing national industry in its private sector industrial components and…

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Georgia Tech is expanding Science Square. The first building just sold.

November 3, 2022

As economic headwinds continue to complicate office deals in Atlanta, the only completed building part of Georgia Tech’s Science Square has traded hands.  Ancora Partners, which is headquartered in Durham, North Carolina, paid $85 million to acquire the five-story, 128,000-square-foot building, according to Fulton County property deeds. This value is more than 25% higher than…

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Five life sciences trends to watch for in 2023

October 27, 2022

Here’s the good news first – when it comes to deal flow and M&A activity, life sciences companies have been on a tear in the past couple of years. Just this year alone, among the largest biotech deals, Pfizer Inc. (NYSE: PFE) bought Biohaven Pharma for $12 billion, Bristol-Myers Squibb (NYSE: BMY) bought Turning Point for $4 billion and…

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U.S. biotech is a major economic driver with a broad range, report says

October 26, 2022

The U.S. biotech sector is a vital economic engine in all 50 states, providing 2.1 million jobs and a $2.9 trillion impact on the economy in 2021, according to a comprehensive report published today. The report, produced by the Biotechnology Innovation Organization (BIO) and the Council of State Bioscience Associations (CSBA) in partnership with TEConomy, gives extensive data…

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Deerfield firm’s grant from Bill Gates-led fund will make green jet fuel as cheap as fossil fuels

October 21, 2022

LanzaJet, the startup backed by Breakthrough Energy, is building its first commercial plant in Georgia and expects to begin production next year. (Bloomberg)—The burgeoning market for sustainable jet fuel will soon reach a milestone, with a plant capable of turning out for the first time a lower-emission fuel at the same price as fossil fuel-based…

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Gov. Kemp Announces Appointments to Rare Disease Advisory Council

October 21, 2022

Atlanta, GA – Governor Brian P. Kemp today announced his appointments to the Georgia Rare Disease Advisory Council, created by House Bill 918. The Council is comprised of 16 qualified professionals, persons living with rare diseases, and caregivers appointed by the Governor, Lieutenant Governor, and Speaker of the House. It will advise the General Assembly and other…

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