Bioscience and Health Sciences Within Atlanta

Atlanta has a comprehensive bioscience community, with strong pharmaceutical, technology and research programs based in the City. Atlanta’s bioscience community was ranked sixth among U.S. cities by Ernst & Young in 2006, and has continued to grow since that time. The Centers for Disease Control and Prevention, The American Cancer Society and the Arthritis Foundation all have national offices based in Atlanta, which has helped create jobs within the industry.  Research facilities at Emory University, Georgia State University, Georgia Institute of Technology, Morehouse School of Medicine, Clark Atlanta University, Mercer University and The University of Georgia foster a thriving community for bioscience leaders.

In 2011, researches received $511.5 million at Emory University’s Woodruff Health Sciences Center.  Emory is ranked fourth in the nation for discovering new drugs and vaccines among public-sector research institutions.

The Global Center for Medical Innovation is launching the Southeast’s first medical device innovation center. Based in midtown Atlanta, the center is an independent, non-profit organization, designed to help enhance product development and shorten time to market, while decreasing costs. Georgia Bio, another non-profit, is a membership-based organization that helps to promote the growth of Georgia’s life sciences industry, which has created key partnerships with Atlanta-based businesses.

Recent Bioscience and Health Science Wins

• Gesaworld Grup dba Health Lean Logistics (Projected number of jobs: 100)
• Emory University Health Sciences Research Building, to house the Emory Children’s Pediatric Research Center (Project under construction; to be completed in 2013)

Bioscience and Health Science Industry Companies in Atlanta

• The Georgia Biomedical Partnership
  

• The Centers for Disease Control and Prevention

• The American Cancer Society

• Arthritis Foundation

National and International Industry Associations

• Analytical & Life Science Systems Associations
  

• The Georgia Biomedical Partnership

• Bio – Biotechnology Industry Association
  

• National Institutes of Health

• American Association for the Advancement of Science
  

Workforce Statistics

• Biomedical Engineers-41
• Biological Scientists-393
• Biological Technicians-316
• Medical and health services managers-1,629
• Environmental scientists and specialists, including health-285
• Environmental science and protection technicians, including health-100
• Healthcare practitioners and technical occupations-26,342
• Healthcare support occupations-9,537

Incentives Provided by Invest Atlanta

City of Atlanta Economic Opportunity Fund – This Invest Atlanta administered deal-closing fund supports the growth of targeted industries in the City of Atlanta.  Invest Atlanta uses the fund to recruit and retain businesses resulting in job retention and creation.  This discretionary fund is structured on a project by project basis based upon criteria such as job retention and creation in the City of Atlanta, financial strength of the business, and amount of business investment in the project. 

Research & Development Tax Credits - A tax credit is allowed for research expenses for research conducted within Georgia for any business or headquarters of any such business engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism, or research and development industries.

Job Tax Credits - A statewide job tax credit is available for any business or headquarters of any such business engaged in manufacturing, warehousing and distribution, processing, telecommunications, tourism, or research and development industries.

Economic Development

Southside Industrial Park Covenants

McPherson Planning LRA