Monday, July 23, 2007

Burnham Institute for Medical Research accepting $ 300 million to open in Orlando

Tthe Burnham Institute for Medical Research, based in San Diego, had accepted more than $300 million in state and local incentives to open a research center in Orlando.

State officials said that the planned 175,000-square-foot laboratory would be among a cluster of medical research and treatment centers to spring up around a newly approved medical school at the University of Central Florida. The University of Florida, based in Gainesville, has also announced plans to open a biotechnology research facility in the Orlando area.

The Burnham center will open within the next two years and will eventually employ 300 people within a decade,.

Construction of the center will cost $70 million, and Orange County and Orlando will pay for it, a Burnham spokeswoman said.

The governor, who will leave office in January because of term limits, has made a priority in his final term of luring biotech institutes to Florida, a tourism-dependent state with few research universities and scientific centers.

This announcement follows a similar move in 2003, when the Scripps Research Institute, also based in San Diego, was offered more than $500 million in economic incentives to open a biomedical research facility in Palm Beach County.

Research at the Orlando facility will focus on diabetes and obesity.

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