Cure Corridor – Research & Bio-Science Continues as a Top Economic Drivers for Scottsdale in 2018

City of Scottsdale | December 14, 2018

A sold-out crowd of doctors, scientists and healthcare professionals heard the latest numbers on the Scottsdale economy from Mayor W.J. “Jim” Lane. “Healthcare jobs in Scottsdale are growing at a rate twice the national average and three of the City’s top five employers are Honor Health, CVS Health, and the Mayo Clinic.  This industry is a positive economic story for us, and it will be for a long time to come,” Lane stated.

The Mayor also presented a new Cure Corridor promotional video.  Some of the two-minute video highlights include: $176M in venture capital was invested in Scottsdale-based companies since 2013, 18,000+ employees are working on innovations in healthcare and bio-sciences with an average salary of $82,000.   The video will be used by the City’s economic development team to help promote the Cure Corridor region and help relocate and expand bio-science businesses to Scottsdale. The video can be viewed and shared here: https://youtu.be/YCOhulJFEFA

Two rapid fire speakers from Scottsdale research and development companies gave an overview of the work they are doing, made possible in part through scholarships from the Flinn Foundation.  David Richardson from bioSyntagma spoke about research that aids in finding cancer treatments made for the individual.  Joseph Blattman, PhD from Gemneo, spoke on the company’s research to create safer and more effective immunotherapies to treat disease (vaccines, adoptive cell therapy, etc.).

 The keynote speaker was Stephanie Domas, Vice President of Research and Development for MedSec, who is a leading expert in healthcare cybersecurity.  Domas presented on the challenges of national security guidance and standards for medical devices.”

For media inquiries, please contact Jennifer Rogers at jerogers@scottsdaleaz.gov

City of Scottsdale Economic Development

Scottsdale is one of the state’s leading job centers, with a diverse economy built on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses supplying over 150,000 jobs.  The ASU SkySong Innovation Center, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with nearby Arizona State University. The Scottsdale Cure Corridor is a partnership of premier health care providers and biomedical companies seeking to advance medicine and patient care through cutting-edge research. For more information, visit ChooseScottsdale.com.

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