Welcome to the Malloy & Malloy, P.L.

Intellectual Property law Blog

Our goal is to provide some general information about recent developments and interesting news impacting Patent, Trademark and Copyright Issues.  Please feel free to check back often for the latest.

                      RSS Feed    

ARCHIVE  

 

¡Bienvenido a Miami Biotecnología! MIAMI MAY BE A NEW LIFE SCIENCES TECH HUB

01-28-2011 [Gene Lang] [Permalink]

Will Miami join Boston, Southern California and the Research Triangle in North Carolina as a life science and technology hub? An article in the January 2011 issue of Life Science Leader (featured in the NEWS section of BioFlorida's website) explores this possibility with the opening of the University of Miami Life Science and Technology Park (UM-LSTP). The UM-LSTP, along with the successful staff recruitment and relocation of Duke University’s Center for Human Genomics to Miami, are part of the University of Miami president’s vision to place the university in the top tier of research institutions in the nation.

The article suggests that difficult economic times cause business leaders to search for new growth opportunities, and one such growth opportunity may have become a reality with the introduction of the UM-LSTP. The University of Miami is affiliating with Wexford Science+Technology, a tech incubator developer, to bring the new technology park to the city.

The key to establishing a “Tech Hub” in Miami, as the article describes, is to offer some advantage over the established regions. For the UM-LSTP, that advantage is its location, the “international city” of Miami. The article suggests that Miami’s unique position as a portal to Latin America and as an international trade center is significant, as Latin America is an unsaturated pharmaceutical market where many of its countries are recovering from the international economic crisis faster than the rest of the world. With the opening of the UM-LSTP, the opportunity in Miami will include “a state-of-the-art facility for scientific discovery, an intellectual community, diverse international cultures, and a portal to Latin America.”

To read more about the specifics of the research park, the article can be found here.