Survey Seeks to Gauge DFW’s Interest in the Life Sciences Sector

Anyone interested in the life sciences sector in Dallas-Fort Worth still has time to take BioLabs' survey to evaluate what might come next for local science startups.

The survey is being conducted by Cambridge, Massachusetts-based Biolabs at the behest of a longtime Dallas-Fort Worth resident who’s interested in the sector, according to Susan Chase, the vice president of business development at Biolabs.

The company, which creates co-working spaces specifically for life sciences startups, is looking for a cross-section of people who may already have a startup or an interest in the sector itself in DFW, according to Chase.

The survey, which will be online for a couple more weeks, is estimated to take seven minutes to complete.

Once the survey is finished and the results are compiled, according to Chase, BioLabs will send a report to the client detailing, “Here’s what we’re hearing from the community.”

North Texas has a growing life sciences sector with companies such as Irving-based Caris Life Sciences leading the way.

Earlier this year, real estate services firm CBRE issued a report asserting that DFW is among life sciences hubs in the U.S. positioned for major growth and is emerging as a “hotspot” nationally.

Venture capital funding in U.S. life sciences companies has risen 86 percent for the year ending in September to $15.8 billion, according to a CBRE report. Construction in the life sciences sector in the nation’s five largest U.S. markets expanded to 6 million square feet in 2018.

Between 2014 through 2017, DFW was the seventh-fastest-growing life sciences market nationally, according to a CBRE report. Two local biological science higher education programs are ranked in the top 100 nationally, according to U.S. News & World Report, and DFW is ranked eleventh in producing new life sciences talent,

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