[Illustration: bestbrk/istockphoto]
Dallas-Fort Worth ranks No. 16 among U.S. metros for having “the most favorable combination of factors for a successful life sciences ecosystem,” according to a study by CommercialCafe.
To select the best homes for life science companies, the study assessed regional talent pool; accessibility of commercial real estate markets; availability of dedicated property or office space that might be redeveloped to accommodate this industry; and the state of development toward expanding life sciences capacity.
DFW ranked No. 7 in science and engineering educational attainment; No. 10 in average vacancy rate; and No. 15 in the most-affordable average asking rate for office space.
Boston came in No. 1 on the list and Houston ranked No. 10.
DFW’s “unique mixed bag of regional advantages has attracted brands like BioLabs, which chose Dallas for its ninth location,” the study says. “It’s the life sciences coworking space provider’s first startup incubator location in the heartland.”
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R E A D N E X T
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Dallas' status as a growing biotech center got a lift with the official opening of BioLabs, a new coworking space at the Biotech+ Hub at Pegasus Park. The 37,000-square-foot facility offers shared wet labs and office space for up to 35 life science startups. BioLabs' goal: to serve as the epicenter for life science innovation in North Texas, and to empower biotech trailblazers pursing their next breakthrough.
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Dallas Fort Worth International is one of just two airports in North America to have a CEIV Pharma certified community. The designation puts DFW and its supply chain stakeholders in a top tier for the safe handling of pharmaceuticals and other highly sensitive materials. DFW's Milton De la Paz is leading efforts to capitalize on the region's status as a cargo gateway in the life science sector.
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Biotechnology is alive and growing in DFW. The region recently ranked 6th on a list of top ten emerging life science clusters in the U.S.
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Rare is not that rare, says the RDCC. One in ten people lives with a rare disease, and the new coalition will unify life science companies dedicated to developing treatments. The goal? To inform policymakers of the unique challenges in the space. Signature Biologics joins Dallas-based Taysha as a member of the RDCC.
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The summit is an innovation multiplier for capital, collaboration, and commercialization. Plus, you can meet 2021 NTX Rising Stars—and the new companies moving to BioLabs at Pegasus Park. Here's an updated agenda for the annual iC3 Life Science Summit on September 30 and October 1.
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The startup—which discovers and develops immuno-oncology therapeutics for cancer patients—was an inaugural tenant of BioLabs Pegasus Park, a 37,000-square-foot coworking laboratory and office space that opened in March. Aakha had previously been working out of interim space managed by BioLabs at UT Southwestern. “With the premier facility and synergies available within Pegasus Park, we moved from concept to a solid preclinical stage company in the course of one year," Aakha Founder and CEO Hemanta Baruah said.
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Deadline for nominations is Friday, September 17. The 2021 award, sponsored by BioLabs at Pegasus Park, will be presented on September 30 at the iC3 Life Science Summit. The impact that Dr. Dennis K. Stone left on the DFW biotech industry is, without doubt, immeasurable, says BioNTX. Past recipients of the award that honors his memory are Phil Ralston, Lyda Hill, Darlene Boudreaux, Paul Dorman, and Hubert Zajicek.
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North Texas has plenty to see, hear, and watch. Here are our editors' picks. Plus, you'll find more selections to "save the date."
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You'll find deadlines coming up for a new accelerator program; and many more opportunities.