Palm Beach County Life Science Study Update

Published Monday, November 23, 2015

The Palm Beach County Life Science Study is proceeding steadily.  Thank you for your extraordinary cooperation and willingness to participate.  The consultants, Pat Larrabee and Nancy Conwell of Facility Logix, report that they have never seen such a responsive community with such a deep desire to address questions about this industry.

74 stakeholders from 50 different organizations attended the study kickoff on August 25.  The focus group for for-profit companies that followed the kickoff attracted 18 attendees from 15 for-profit companies.  During the kickoff visit, the consultants also visited FAU Medical School, Scripps Florida, and the Max Planck Institute for Neuroscience, and had a working dinner with 11 key stakeholders.

The consultants returned to Palm Beach County October 7-9.  During that visit, focus groups were held with CareerSource and with eight hospital CEO’s, and the consultants visited four life science companies, the Research Park at FAU, and FAU Tech Runway. They also attended two life science focused networking events, and had meetings or calls with two universities, two more companies, and three investors.

Three additional focus groups have been held, with real estate, municipal, educational and chamber of commerce stakeholders.  A total of 31 people from 15 organizations participated in these.

Nearly 100 telephone interviews have been already conducted, with others scheduled within the next week.

The consultants have carried out extensive desk research; special thanks goes to FPL, for making the FPL Resource Center available for industry and company statistics and information.

The consultants have observed that there are more companies and resources in Palm Beach County than they initially expected.  The BDB looks forward to seeing the enumeration of these in the final report.

The BDB expects to see a first draft of the report in December.  If you have not participated in an interview and would like to do so, there is still just a little time left: please contact Lynne Stein Benzion at lbenzion@bdb.org or 561-835-1008 as soon as possible to schedule it. 

Investors

#1 Palm Beach County Board of County Commissioners Aerojet Rocketdyne Bank of America Bank United Baptist Health South Florida
Caler, Donten, Levine, Cohen, Porter & Veil, P.A. CareerSource Carrier DePuy Synthes Power Tools, a Johnson & Johnson Company Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction Hospital for Special Surgery J.C. White JP Morgan Chase
LRP Publications Martens Group Minto Communities, LLC NCCI Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company) Raymond James Financial Services/Boynton Financial Group, Inc.
RSM South Florida Business & Wealth Magazine South Florida Business Journal Stiles-Nicholson Foundation TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital