New Biotech Research Center in Atlanta
Atlanta will soon have a new Global Center for Medical Innovation. The Center will focus initially on bringing cardiologic, orthopedic and pediatric devices and technologies to the marketplace, and will be housed in the Technology Enterprise Park at Georgia Tech.
The not-for-profit business incubator, the first in the Southeast, is expected to attract investors and medical-device companies. The research and development center will pair doctors, who invent 80 percent of all medical devices, with engineers, in order to help make the inventions attractive to industry.
Partners in the public-private project include Georgia Tech, St. Joseph’s Translational Research Institute, Piedmont Healthcare and the Georgia Research Alliance.
Biotech and ancillary businesses are among the state’s fastest-growing industries, with more than 60,000 jobs responsible for billions of payroll and tax dollars.