Greater Fort Lauderdale is home to one of the most dynamic pharmaceutical and biomedical clusters in the country, including start-ups, midsize businesses and global companies. For instance, Lupin Pharmaceuticals, headquartered in India, recently announced the expansion of its R&D and pilot manufacturing operations in Coral Springs.
As a region, South Florida offers convenient access to leading research institutes and academic institutions. In Greater Fort Lauderdale – a longtime home for many biomedical companies – Nova Southeastern University is expanding its life science research facilities. To the north are Scripps Florida, Max Planck Florida Institute, and Torrey Pines Institute for Molecular Studies.
To the south, the University of Miami’s Miller School of Medicine and Florida International University’s Biomedical Engineering Department are investing in biomedical research and commercialization programs.
A Collaborative Approach
South Florida's academic institutions, research parks and economic development organizations have joined together to form Life Sciences South Florida (LifeSciencesSF.org).
On a statewide level, BioFlorida is the voice of Florida's life sciences industry with regional chapters that represent nearly 5,500 establishments and research organizations in the biotechnology, pharmaceuticals, medical devices/diagnostics and bioagriculture sectors. BioFlorida’s initiatives provide a strong business climate for the advancement of innovative products that improve lives and promote economic benefits to the state.
Another collaborative asset is the Florida Institute for the Commercialization of Public Research, which facilitates the creation of spin-off companies from technology developed at Florida’s publicly funded research institutions. The institute provides support services, including building relationships with seasoned entrepreneurs, in order to hasten the growth of commercially viable discoveries.
A Diverse Industry Cluster
South Florida is home to approximately 1,500 bioscience businesses and institutions that employ more than 26,000 people and generate over $4 billion in sales, according to recent surveys. Leading companies in Greater Fort Lauderdale include:
- Allergan is a brand/generic pharmaceutical company formerly known as Actavis. The company's pharmaceutical manufacturing and warehousing facility in Davie manufactures about 2.2 billion units annually. It is approved by the U.S. Food and Drug Administration, Health Canada, and the European Medicines Agency.
- Altor BioScience, a Miramar company that has developed two proprietary cancer treatment platforms, merged with California-based NantCell in a transaction valued at more than $1 billion. Led by its founder and CEO, Hing C. Wong, Altor chose to keep its headquarters in South Florida.
- Aveva Drug Delivery Systems is a global leader in transdermal drug delivery systems. The Hollywood company is part of Apotex, Canada's largest pharmaceutical company.
- Bolton Medical in Sunrise develops new products for endovascular aortic treatment. One of Bolton’s products is its Relay Thoracic Stent-Graft with Plus Delivery System, a life-saving technology offered to patients with Thoracic Aortic Aneurysms. It allows surgeons to achieve a more satisfactory placement of the stent graft on a range of different patients.
- Florida Supplement is a nutraceutical manufacturer and packager of nutritional supplements in tablets, capsules, liquids and power blend forms. Located in Miramar, Florida Supplement has manufactured nutritional supplement products for customers in the United States, Latin America and Europe.
- Goodwin Biotechnology, Inc. is a fully integrated contract manufacturing organization of monoclonal antibodies and recombinant proteins for preclinical and phase I/II/III clinical trials. Plantation-based GBI has worked with companies of all sizes.
- Hema Diagnostic Systems, LLC is a Miramar company that produces a full line of rapid diagnostic assays for major infectious disease testing.
- ImmunoSite Technologies, LLC is a Miramar-based provider of automation, design and customization of complex biological assays to biotechnology and pharmaceutical industries worldwide.
- Lupin Pharmaceuticals recently opened a new facility in Coral Springs. The company is a U.S. subsidiary of Lupin Limited, a research-oriented pharmaceutical company headquartered in Mumbai, India. The Coral Springs facility focuses on inhalation products for the treatment of asthma, allergic rhinitis, chronic obstructive pulmonary diseases and other lung diseases.
- MAKO Surgical Corp. is a Stryker medical device company in Davie that markets its RIO® Robotic-Arm Interactive Orthopedic system and its proprietary RESTORIS® implants for minimally invasive orthopedic knee procedures.
- Fort Lauderdale-based OmniComm Systems, Inc. is a global provider of eclinical solutions.
- OrbusNeich is a medical device company that develops therapies for vascular disease at its Advanced Research and Development facility in Fort Lauderdale.
- SHL Pharma recently expanded its manufacturing and R&D facility in Deerfield Beach. SHL Pharma is part of SHL Group, the world’s largest privately-owned designer, developer and manufacturer of advanced drug delivery systems.
- Teva Pharmaceutical Industries, Ltd., handles engineering, information technology and purchasing services at its facility in Weston.
- Trividia Health, a subsidiary of China-based Sinocare Group, has a large facility in Fort Lauderdale that makes glucose-monitoring equipment and related products for diabetics.
- U.S. Stem Cell Inc. in Sunrise has multiple cell therapies in various stages of development that repair tissues damaged by injury or disease.
- Vigilant Biosciences, a developer of products for early detection of oral cancer, has raised more than $17 million in financing since it was founded in Fort Lauderdale in 2012.
For more information about the life sciences industry focus area of Medical Equipment/Device Development and Manufacturing in Greater Fort Lauderdale, please click on "Start Prezi" below and then click on the right arrow at the bottom of the image to scroll through the presentation.
For more information about the life sciences industry focus area of Pharmaceutical Manufacturing in Greater Fort Lauderdale, please click on "Start Prezi" below and then click on the right arrow at the bottom of the image to scroll through the presentation.
For more information on life sciences business location and expansion, contact the Alliance's life sciences expert, Todd Holt, at 954-627-0124 or via email at email@example.com.