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This morning, the BDB hosted an active meeting of the Life Science Advisory Council, a group of dedicated stakeholders from across Palm Beach County’s vibrant Life Sciences Industry. The council provided insight into current industry needs and unique opportunities relevant to the Palm Beach County market. The industry's growth has resulted in nearly 500 potential life sciences jobs in the BDB's current pipeline.
Key discussions were centered around the BDB’s 2019 vision for the life sciences industry, updates from academic research institutes, and life science funding resources for the state of Florida. Participants learned that one of the most recent developments in Palm Beach County is the FAU Max Planck Academy, a partnership between Florida Atlantic University and Max Planck Florida Institute for Neuroscience (MPFI). This program is the first-of-its-kind in the world and will open the laboratories of Max Planck to high school students, allowing them to participate in world-class research and scientific discoveries as part of their curriculum. This helps with the BDB's economic development efforts in attracting new Life Science companies to the area.
The Life Science Advisory Council also continued the discussion about the proposed life science incubator. The ultimate goal would be to create an environment that would accelerate early stage companies and support world-changing technologies right here in Palm Beach County.
The overall progress of BDB initiatives to grow the life sciences industry has proven to be a success. Together, the council will continue to grow the cluster and engage even more industry participants in the future.