Biotech

Biotech

New interactive feature: The Greater OKC BioTech Story

KEY STATS ABOUT biotech IN OKC:

  • Oklahoma City’s bioscience companies boast annual revenues of more than $6.7 billion.
  • Support 51,000 workers with total compensation of $2.2 billion.
  • The Oklahoma City Innovation District is a thriving, 1.3 square mile ecosystem of collaboration, innovation and economic growth located in historic, Northeast Oklahoma City, surrounded by internationally acclaimed organizations spanning Oklahoma’s diverse sectors – healthcare, bioscience, aerospace & unmanned systems, specialized manufacturing, academia, technology and energy. 
  • In 2019, the citizens of Oklahoma City approved a $71 million investment in the burgeoning Innovation District. This investment includes funds to encourage further development for minority-owned small businesses, better connectivity in and around the district and the construction of an “Innovation Hall” to serve as a central place where activities to grow our city’s innovation economy can be facilitated. 

What's NEw in OKC biotech:

  • Oklahoma City is a finalist for a $55-million EDA grant to further develop its biotech cluster. Read More>>
  • Bisnow National named Oklahoma City as one of the five emerging life science development hubs. Read More>>
  • Recently Oklahoma City was named the No. 12 city for startups. Read More>>
  • The Oklahoma City Council approved plans to construct Innovation Hall in the heart of Oklahoma City's Innovation District. Read More>>
  • Over the past decade healthcare employment in OKC has grown by 12% or 8,200 jobs. The healthcare industry in represents 9% of total GDP for the metro. Read More>>

How can we help you?

The Greater Oklahoma City Partnership assists bioscience companies who are expanding their operations and considering the region for a new investment. Our business development and research teams can help you with data collection, site selection, incentive requirements and other areas of need for your evaluation process. For questions or assistance, please contact: 

Brooke Hoehner
Business Development Manager
405-290-7061
bhoehner@okcchamber.com

Ground-breaking discoveries made by Oklahoma City-based researchers have helped put Oklahoma City on the map as a contender in the bioscience and technology marketplace. Oklahoma City’s bioscience companies boast annual revenues of more than $6.7 billion and support 51,000 workers with total compensation of $2.2 billion. Undeniably, one of the most significant factors in this area's biotech boom is the powerful symbiotic relationship between entrepreneurs, clinical researchers, academic investigators, and public and private investors.

In recent years, significant medical advances and life-saving medicines have been developed in labs and facilities based in Oklahoma City.

Center for Innovation


Oklahoma City's emerging Innovation District currently encompasses about 1.3 square miles east of downtown and includes the Oklahoma Health Center and Automobile Alley. This area was the subject of an 18-month study conducted by The Brookings Institution and Project for Public Spaces

convergence

As part of the historic MAPS 4 packages, the citizens approved $71 million in funds for the Innovation District. These funds will be used to construct the Henrietta B. Foster Center for Northeast Small Business Development and Entrepreneurship ($15 million), connectivity in and around the Innovation District ($25 million), innovation hall ($10 million), operating fund ($21 million).

This thriving area surrounding the Oklahoma Health Center is ripe for new development and has demonstrated success in incubating startup businesses. University Research Park, a 23-acre, $100 million site, is currently home to 38 science-based companies including Moleculera Labs, Cytovance Biologics, Accele Biopharma, and other industry leaders. The city’s bioscience sector that has clustered in that area offers a strong anchor point for future development.

Oklahoma Medical Research Foundation


More than 300 researchers at Oklahoma Medical Research Foundation (OMRF) make ground-breaking discoveries as they explore the mysteries of human diseases including Alzheimers, brain diseases, cancers, diabetes and lupus. OMRF is recognized as one of the most respected independent medical research institutes nationwide.

University of Oklahoma Health Sciences Center
In addition to OMRF, Greater Oklahoma City is home to The University of Oklahoma Health Sciences Center (OUHSC). OUHSC, comprised of seven medical schools, is the primary place of instruction for many of Oklahoma's health professions. It is one of only four health centers in the United States with seven professional colleges. The 30 institutions on its campus employ more than 15,000 people with a combined general revenue of more than $3.5 billion per year, and NIH funding of more than $53 million. The research park also includes the Presbyterian Health Foundation, which supports a variety of health-related activities, including recruitment of research scientists and provision of research and equipment grants.

OSU DISCOVERY


OSU DISCOVERY is a collaborative research, innovation, extension, and STEM hub for Oklahoma State University’s College of Engineering, Architecture, and Technology in the Innovation District. OSU DISCOVERY is the result of an exciting tech collaboration with Baker Hughes, an energy technology company. The facility is the centerpiece of this arrangement and will grant students from OSU’s College of Engineering, Architecture and Technology (CEAT) hands-on access to world-class labs, technology and industry expertise.

Oklahoma Bioscience Association
With a world-class caliber of research facilities and wet lab space, abundant funding opportunities and collaborative efforts by legislators to enhance progress, you could say Greater Oklahoma City has biotechnology down to a science. The Oklahoma Bioscience Association works to promote the growth of biosciences in Oklahoma through partnership building, education and outreach, networking, policy development and publicity.

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