pegasus park

DMN: Dallas’ NexPoint Eyes Potential $3.6B Investment to Create a Plano Life Sciences Hub

Dallas-based NexPoint Development is in early talks with the city of Plano to transform a 1.6 million-square-foot former EDS campus and adjacent land into a life sciences hub, according to the Dallas Morning News. The alternative investment firm would aim to invest $3.6 billion in the redevelopment project—called Technology x Science, or the TxS District for short—and partner with the city through its economic development incentive programs, according to the report.
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JLL’s DFW Life Science Snapshot: What’s Driving the North Texas Biotech Boom
by | Oct 4, 2022
The North Texas biotech boom just keeps booming—and a new "DFW Life Science Snapshot" from JLL shows why. From the Biotech+ Hub at Pegasus Park to a string of accelerators to local universities, DFW Airport, and more, here's a deep dive into what's behind the boom. "We are showing up in the rankings and in the data," says Mike Rosa of the Dallas Regional Chamber. "It results in more opportunities and more looks for us."
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Dallas Philanthropist Lyda Hill Is One of Five Winners of the Carnegie Medal of Philanthropy

by | Aug 4, 2022
Dallas' Lyda Hill has been named one of five recipients of the 2022 Carnegie Medal of Philanthropy. She shares the philanthropic spotlight with four other "forces for positive change," including country music legend Dolly Parton.

An early donor of the research that led to the Moderna COVID-19 vaccine, Hill believes that "science is the answer"—and has chosen to donate the entirety of her estate to philanthropy and scientific research. 
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Fueling the Biotech Boom: Dallas College Lands ‘Historic’ $8.8M Grant to Train Workers as North Texas’ Life Sciences Sector Soars
by | Aug 3, 2022
Top North Texas healthcare and life science employers—including UT Southwestern, McKesson, Evolve Biologics, Texas Health Resources, and more—have already signed up to hire 1,100 biotech workers from the groundbreaking program.

27,000 workers have made Dallas-Fort Worth a Top 20 U.S. metro for life sciences companies. As the boom continues, they’ll need company. Here's how the grant will help Dallas College and other local higher ed institutions step up to provide it—and why a CEO at Lyda Hill Philantrhopies calls it a "game changer."
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At BIO International Convention, Companies Eye Relocation to DFW
by | Jun 30, 2022
At the 2022 BIO International Conference in San Diego, representatives from North Texas met "the greatest minds in biotechnology"—and discovered some of them are interested in relocating their companies to DFW.

"We connected with them to explore opportunities and increase investments in the Dallas region,” said a VP with the Dallas Regional Chamber.
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Dallas-Founded Biopharma Firm Raises $120M to Expand its Pipeline
by | Jun 29, 2022
ReCode Therapeutics, a biopharmaceutical startup using a non-viral lipid nanoparticle delivery platform for gene therapies, has closed a $120 million extension to a funding round it raised last year to help bring its lead programs to human trials and “follow the science” to target new diseases. With a research team working out of BioLabs' life sciences facility at Pegasus Park, ReCode aims to grow its global team from about 70 to 100 over the next year.
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Center of Gravity: Capital Factory Kicks Off New Dallas Digs With Startup Crawl and Health Supernova Event

by | May 6, 2022
Earlier this week, the Austin-based accelerator and investor announced its plans to launch a Center for Health Innovation at Pegasus Park in Dallas.
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Capital Factory Opening Center for Health Innovation at Pegasus Park in Dallas
by | May 5, 2022
The Austin-based accelerator and investor plans to launch its Center for Health Innovation at Pegasus Park in Dallas by end of 2023. Its goal: connecting startups locally and across the state with each other, as well as other corporate and research players in the space.

“We're in the business of erasing boundaries in Texas—full stop,” President and Co-Founder Bryan Chambers told Dallas Innovates.
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ICYMI: Texas Eyes New Federal Biomedical Agency

The Advanced Research Projects Agency for Health (ARPA-H) was established last month by the Biden administration with $1 billion in funding to advance biomedical and health research....

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Southwestern Medical Foundation President and CEO Kathleen Gibson has joined the board of nonprofit LaunchBio. [Image: Southwestern Medical Foundation; istockphoto]
Southwestern Medical Foundation President and CEO Joins LaunchBio Board
by | Apr 29, 2022
LaunchBio, a life science and biotech nonprofit that expanded to North Texas in 2021, has announced four new board members, including Dallas-based Kathleen Gibson, along with a new board chair.

LaunchBio is working to accelerate the entrepreneurial support network in the region through collaborations with BioLabs, Lyda Hill Philanthropies, J. Small Investments, BioNTX, DLA Piper, and others.
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Collaboration Is the Key to North Texas’ Emergence as a Bio-Hub

"When it comes to the biotech industry, our region is leading the U.S. in key metrics of job growth and investment," write Kathleen Otto and George Goodno. One proof point? VC funding is flowing into DFW at a faster rate than any other area in the nation.

These North Texas life science leaders say the region's success is no coincidence. Here's how the shared ambition of key players and strategic collaboration has impact.
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Seed Accelerator Health Wildcatters Is Moving to Dallas’ Pegasus Park
by | Jan 25, 2022
The accelerator will move this summer from its downtown Dallas location to 6,000 square feet of collaborative and flexible office space in Pegasus Park's 18-story tower. Just weeks ago, Pegasus Park landed one of its biggest tenants to date: UT Southwestern‘s Office for Technology Development and other UTSW entities will be leasing six floors in the tower. 
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MassChallenge Will Hold a Live Pitch Competition at Its Jan. 27 Pegasus Park Launch
by | Dec 15, 2021
At the free, live, in-person networking event, attendees will hear from the MassChallenge team and key partners about the North Texas launch. The live pitch competition will allow early-stage startups to compete for a direct spot in the MassChallenge 2022 Global Early-Stage Program.
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BioLabs space at Pegasus Park
BioLabs at Dallas’ Pegasus Park Announces New Site Director and First Tenants for Life Science Co-Working Hub
by | Nov 2, 2021
BioLabs at Pegasus Park shared space and state-of-the-art lab is slated to open in December. It's a place where entrepreneurial innovators can test, develop, and grow their ideas.
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