Tag: bioscience

San Antonio’s Healthcare and Bioscience Industry Tops $40 Billion in Economic Impact for 2017
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San Antonio’s Healthcare and Bioscience Industry Tops $40 Billion in Economic Impact for 2017

The San Antonio Chamber of Commerce 2018 Healthcare and Bioscience Economic Impact Study is based on 2017 data, according to the study authors economist Richard Butler, Ph.D., and health care administration professor Mary E. Stefl, Ph.D., both from Trinity University. The study completed in 2018 stated its conservative estimate of over $30 billion in impact on San Antonio's economy in 2017. The authors included a more comprehensive analysis of economic impact with data from UT Health San Antonio, Baylor College of Medicine at the Children's Hospital of San Antonio, and some military medical presence in San Antonio. The overall impact rises to more than $40 billion when the comprehensive data is taken into account. This sector employs over 18 percent of San Antonio's population, with...
Mind Science Foundation Awards Neuroscience Researcher $30,000 at ‘Magical’ Pitch Competition
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Mind Science Foundation Awards Neuroscience Researcher $30,000 at ‘Magical’ Pitch Competition

The Mind Science Foundation event at the Pearl Stable Tuesday evening was truly magical—a mixture of science and illusion fueled by how our brains can misperceive reality. The Foundation's BrainStorm connected neuroscience researchers directly to those funding their proposed groundbreaking research in a novel manner—in a pitch competition. After listening to three finalist team pitches, audience members voted for Dr. Michael Anderson and researcher Subbulakshmi Sankarasubramanian from the University of Cambridge. They received the top award of $30,000 for their proposed research on how the brain suppresses traumatic memories that cause emotional pain. Sankarasubramanian is a graduate student in the cognitive neuroscience research lab Anderson oversees at Cambridge. Two finalist teams...
San Antonio Announces Military Life Science Commercialization Action Plan
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San Antonio Announces Military Life Science Commercialization Action Plan

The City of San Antonio and the San Antonio Economic Development Corporation (SAEDC) released its San Antonio Military Life Science Commercialization Action Plan Tuesday. The plan maps out ways to create entrepreneurial opportunities by leveraging a new formal alliance among the defense, educational, and private entities in San Antonio. This new alliance will draw upon San Antonio's significant military medical research industry to create life science companies, jobs, and mutual partnerships. San Antonio has several leading military medical research missions including the U.S. Army Institute of Surgical Research (USAISR), the Navy Medical Research Unit San Antonio (NAMRU-SA), and the Air Force’s 59th Medical Wing. Along with experts working in local private medical and academic research...
Houston Bioscience Company Considering Move to San Antonio
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Houston Bioscience Company Considering Move to San Antonio

Houston-based bioscience company Kiromic Inc. is evaluating plans to move its headquarters and business operations to San Antonio, pending local incentive approvals. Founded in 2012, Kiromic is a clinical-stage biotechnology company focused on developing the next generation of immunotherapy treatments for cancer and other diseases. The company is currently raising $12 million through a Series A round of financing. As part of the proposed relocation, the company plans to create at least 20 jobs in San Antonio, continue drug research and development, establish drug manufacturing and complete Phase I/II clinical trials for some initial cancer drugs. The company has been considering the move for several months. Its senior leadership, company president Scott Dahlbeck and chief executive offic...