US Bioscience Business Center Launched To Attract International Biotech Companies

The Greensboro Chamber of Commerce and several other agencies — including Forsyth Technical Community College, the Winston-Salem Chamber of Commerce, Duke Energy, Guilford Technical Community College, the Piedmont Triad Research Park and Gateway University Research Park — have formed
a group to attract biotechnology companies and help them to do business in the Triad. The group, called the Piedmont Triad International Bioscience Business Center initiative, is designed to connect owners of these businesses with local people, office space, governments, research universities, research parks and economic developers to answer questions and help companies set up shop in the area, according to the Greensboro News & Record. The various partners in the group plan to offer office space in their own facilities to house visiting international bioscience companies. Ultimately, the business center will help companies with business organization, intellectual property protection, regulatory counseling, market development and capital connections.

The chamber lists at least 15 companies already in the Piedmont Triad that are biotech oriented. They include Merz Pharmaceuticals in High Point, which makes pharmaceuticals for dermatology; Syngenta Crop Protection in Greensboro, which makes agriculture products; and Targacept, a Winston-Salem company that researches drugs for nervous system disorders.

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“The mission of this is to really help us to build the bioscience cluster,” said Gwyn Riddick, regional director of the North Carolina Biotechnology Center, Piedmont Triad. “The key piece we want to be sure we give attention to is to accelerate the entry of international companies — make this an entry point, a portal they can come to to do business in North Carolina,” Riddick said.

“It’s a way to nurture a relationship,” said Rob Clapper, the chamber’s president. “It’s a way to provide (companies) critical information early in the process.”