Blueprint for an Innovation Economy in Florida Research as Economic Foundation | Page 18

REGENERATIVE MEDICINE In the story of Muir and AxoGen lies one such example. The company is part of an emerging cluster of enterprises operating in regenerative medicine. 34 In addition to AxoGen, there are four other public companies in Alachua County. 35 Name Sector Applied Genetic Technologies Corporation Therapeutics AxoGen Biological Devices Exactech Med Device, Biological Devices Oragenics Therapeutics, Animal Health Care Quick-Med Technologies Therapeutics, Biological Devices, Industrial RTI Surgical Biological Devices *Source: http://sidmartinbio.org/database/ There are also seven private companies in the area for a total of 12 in the cluster. According to the Alliance for Regenerative Medicine, 36 there are approximately 700 companies working in the field globally. Gainesville and Alachua County has almost 2 percent of the world’s regenerative medicine companies and less than 4/1000’s of 1 percent of the world’s population. Clearly this is a pocket of excellence for the Gainesville MSA and Florida. The Florida Legislature, the University of Florida, Santa Fe College and the area’s economic development organizations have vested significant resources, over many years, to ensure this success. The cluster will continue to expand because of the significant intellectual infrastructure, regional coordination and cooperation aimed at enhancing the area’s people, ideas and capital resources. OPTICS AND PHOTONICS In Central Florida, optics and photonics have a significant presence and are identified by the Florida High Tech Corridor as a key industry in the Central Florida region. Anchoring that industry is the University of Central Florida’s Center for Research and Education in Optics and Lasers, a program created with the support of the then Speaker of the Florida House (Congressman Dan Webster), the university and the regional economic development team. According to Corridor data, there are more than 100 optics and photonics companies in the area, employing over 23,000 people. 37 In a 2015 presentation at their Photonics West tradeshow, the international society for optics and photonics 16 (SPIE) noted that there are 2,750 photonics companies worldwide. 38 With almost 4 percent of the cluster’s companies and only 3/100’s of 1 percent of the world’s population, Orlando is an optics powerhouse. Again, here we find a convergence of support for intellectual infrastructure that works in concert with local and regional economic development professionals to create clusters. As an enabling component for many of today’s most advanced technologies ranging from communications, computing, medicine to sensors, the investments in intellectual infrastructure should serve the region well as it seeks to attract and create additional high tech STEM jobs.