Four Biotech Institutes will Make their First “Joint Report” at Biotech Breakfast

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Palm Beach Business Group, Inc. Sponsors “Biotech Breakfast at the Breakers”, November 10, 2011

South Florida has attracted four world renowned biotech research institutions costing Florida taxpayers hundreds of millions of dollars. The purpose was to create a bioscience industry that would attract high salary scientists and technicians, develop life saving drugs, provide high paying jobs, and upgrade the education system. The four institutes will make their first “joint report” to a semi-public audience at the November 10, “Biotech Breakfast at the Breakers” Hotel, Palm Beach, sponsored by the Palm Beach Business Group, Inc.

In a period of a surplus Florida budget, Governor Jeb Bush successfully attracted the Scripps Research Institute to open a major biomedical research facility in Jupiter. That was followed by the Max Planck Institute, opening their only US based research facility next to Scripps. Torrey Pines Institute for Molecular Studies was recruited to Port St. Lucie, followed by the Vaccine and Gene Therapy Institute (VGTI). The Florida universities have all upgraded their biomedical research following this initiative. Taxpayers need to know how successful this effort has been to date, and the projected future, including scientists attracted, employees hired, drugs under development, patents in progress or issued, and new biotech companies being generated. This joint “Report” is the purpose of the breakfast meeting.

Today’s Federal and State budget constraints have a major effect on the grant funding on which these institutions depend. In addition to achievements to date and projected, the four institutes are invited to outline their needs for community involvement, and the support needed by the spin-out companies and other biotech companies attracted to the growing Florida biotech Hub.

Information and reservations for the breakfast can be obtained at the website of the Palm Beach Business Group, Inc., by clicking on “Upcoming Events”. Cost is only $35 for Guests, including valet parking. Or call Thomas Ross, President, at 561-820-1579.

Unable to attend? Want more information? Sign up for the Palm Beach Business Group Newsletter at, and click on the Newsletter tab.


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