Salt Lake City is launching a concerted push to build and promote the growing biotechnology and life sciences sectors of its economy, with an emphasis on partnering with area schools and universities.
Leah Hogsten | The Salt Lake Tribune Recursion Pharmaceuticals employee Vlad Rodic cultures tissue samples in the company lab, Oct. 31, 2018. Recursion Pharmaceuticals, a biotechnology company, has opened a headquarters in Salt Lake City at The Gateway.This story is available to Salt Lake Tribune subscribers only. Thank you for supporting local journalism.
“The beauty of it is that you are already here in a lot of ways,” Mendenhall told a recent gathering of health innovation executives to unveil the new plan. “Health care innovation, digital technology and all that goes into this industry already have deep roots in Salt Lake City.” Life sciences now represent about 8% of Utah’s gross domestic product, or about 30,000 jobs in Salt Lake County alone, according to researchers at the University of Utah’s Kem C. Gardner Policy Institute.
“This blueprint will spur innovation in health care,” said Roberts, who praised Salt Lake City-based drug research and manufacturing companies such as Denali Therapeutics and Recursion Pharmaceuticals for “working as fast as they can to find new cures.” Recursion Pharmaceuticals, a clinical-stage biotech firm, moved its headquarters from the U.’s Research Park to The Gateway shopping and entertainment district just west of downtown in 2018 and has since doubled its space there, with plans to expand more now at INDUSTRY SLC.
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