Palm Beach County’s Life Sciences Cluster is home to over 153 companies primarily engaged in R&D or manufacturing of biotechnologies, medical devices, and pharmaceuticals. It’s home to 65 additional companies primarily engaged in the environmental and biological sciences. Over 7,388 people are employed in the life sciences and related industries, which doesn’t include all of the healthcare providers or hospitals located in the area. Since 2006, there’s been 2,377 patents issued in Palm Beach County for life sciences and related industries and $40.87 million has been awarded in NIH Grants.
Since the arrival of the Max Planck Florida Institute in 2007, the Business Development has assisted 48 life science expansions and relocations to Palm Beach County that have created 3,674 direct jobs and retained 519 jobs. This has resulted in over $330 million in capital expenditures in the life sciences and healthcare industries.
The life sciences cluster in Palm Beach County can be characterized as “bench to bed.” It is anchored by two world-renowned research institutions, the Scripps Florida Research Institute and the Max Planck Florida Institute for Neuroscience. Scripps Florida’s six cutting-edge departments explore cancer, chemistry, neuroscience, immunology and microbial sciences, metabolism and aging, and molecular therapeutics. Max Planck’s departments focus on bio-imaging, bio-sensing, and cellular mechanisms.
In addition, Palm Beach County is home to five universities, including Florida Atlantic University (FAU), which is a Carnegie Foundation for the Advancement of Teaching “High Research Activity” institution, FAU’s Charles E. Schmidt College of Medicine capitalizes on the areas existing strengths in basic, applied and translational biomedical research by addressing pressing health challenges including cardiovascular disease and stroke, cancer, Parkinson’s disease, macular degeneration, autoimmune diseases, and HIV/AIDS. Palm Beach State College also supports the industry with a 90,000 square-foot Bioscience Technology Complex on its Palm Beach Gardens campus.
The major research institutes collaborate and partner with a community of over 100 innovative companies in fields including medical devices, pharmaceuticals, therapeutics, biotechnology, and medical IT. Palm Beach County’s 14 hospitals and numerous medical facilities incorporate the latest scientific findings and technology developed locally and around the world, and collaborate with the research institutions regarding best practices, completing the “bench-to-bed” cycle.
The Business Development Board of Palm Beach County’s Life Sciences Team
The Business Development Board of Palm Beach County’s
Life Sciences and Healthcare Industry
Cluster Task Force
Community leaders from the entire industry from bench to bedside partnered on the Life Sciences and Healthcare Industry Cluster Task Force to develop the Life Science Industry Action Plan under which BDB is engaged to support the Industry in Palm Beach County. Including leaders of our internationally recognized academic and research institutions (FAU, Max Planck, Palm Beach State, Scripps, experienced CEOs from our top-tier hospitals (JFK, Jupiter Medical Center), and many industry leaders, including CEOs and other life sciences industry stakeholders.
View the Life Sciences and Healthcare Industry Cluster Task Force
Palm Beach County’s
Life Science Industry Action Plan and
Life Science Advisory Council
The Life Science Advisory Council is composed of Palm Beach County life sciences stakeholders from industry, education, government, research and medical institutions, and venture capital who oversee the BDB’s execution of the Life Science Industry Action Plan.
View the Life Science Advisory Council
View Overview of Life Science Industry Action Plan Recommendations