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UT Southwestern's BioCenter driving biotech, medical innovation in North Texas
Date:4/1/2010

DALLAS April 1, 2010 BioCenter at Southwestern Medical District offers a springboard to drive biomedical innovation in North Texas to business operations, from earliest stage startups exploring bold new ideas to established companies needing an entire custom-designed floor to bring products to fruition.

BioCenter provides a vital resource for commercial development of discoveries made at UT Southwestern Medical Center and elsewhere so that these advances can ultimately be available to benefit patients.

"We anticipate that BioCenter will become an engine for development of innovative treatments and medical device technologies that will fill unmet patient needs. At the same time, it will be a dynamic catalyst for the creation of new industries in the Metroplex, employing highly skilled workers," said Dr. Daniel K. Podolsky, president of UT Southwestern.

The first of four planned buildings officially opened today on the 13-acre biotech park site, located on UT Southwestern's East Campus at Inwood and Forest Park roads. State and local government officials and business leaders attended the ribbon-cutting. Two tenants have already signed up for places in BioCenter, and negotiations are in progress with several additional prospective tenants, said Dr. Dennis Stone, vice president for technology development at UT Southwestern.

The city of Dallas has been an important partner in the launch of BioCenter, and relocated an existing vehicle maintenance center to make the current space available for construction.

BioCenter was one of nine Dallas-area companies and organizations to receive Momentum Awards in 2009 from the Dallas Regional Chamber. BioCenter received the Technology Catalyst Award, which is presented to a company or organization working to develop and encourage new technology that yields economic growth.

"We're in an active recruitment mode for bringing in companies," Dr. Stone said. "We are seeking compan
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Contact: Amanda Siegfried
amanda.siegfried@utsouthwestern.edu
214-648-3404
UT Southwestern Medical Center
Source:Eurekalert

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