Scottsdale economic development will be hosting the second annual Cure Corridor Event at the Scottsdale Fairmont Princess Dec. 5 from 11 a.m. to 1:30 p.m. This event features a significant lineup of Cure Corridor partners sharing their insight into the future of the Cure Corridor and Bio-Life Sciences Industry. Keynote speaker Elizabeth Holmes - founder and CEO of Theranos, which recently located at Scottsdale’s SkySong, will headline the event. Ms. Holmes was recently featured on the Cover of Forbes magazine and debuted on Forbes 400 as the youngest self-made woman billionaire.
The first annual Cure Corridor event was launched in September 2013 and entertained hundreds of attendees with strong presenter content. The City of Scottsdale’s goal is to raise awareness about the innovation activity taking place in the community while supporting business growth and collaboration among industry partners.
This year’s event brings together a multitude Scottsdale industry partners in bio-life science to share recent happenings in their core areas of research in a rapid fire presentation format. The current line-up of noted rapid fire speakers include:
- Martin Shultz - Arizona Bioscience Roadmap Steering Committee
- Dr. Michael Gordon - Medical Director of the Virginia G. Piper Cancer Center Clinical Trials program at Scottsdale Healthcare
- J.D. Weir - Primus Pharmaceuticals
- David Bennett - Orion Health
- Dr. Robert Greenes - ASU and Mayo Clinic
- Walter Cooper - Matrix Medical Network
“Our healthcare and life science community in Scottsdale is a vital economic sector and is as a key driver for job growth in our community,” said Mayor W.J. “Jim” Lane. “More importantly, leading life science innovators call Scottsdale “home.” This means that the people of our community have access to the best possible healthcare services, cutting edge research, and other opportunities that will benefit the people of Scottsdale today and for generations to come.”
The Cure Corridor is not only a location but a concept designed to promote the innovative activities occurring around the concentration of the Bio-Life Sciences sector throughout Scottsdale. This sector is a major driver of the innovation economy in the State of Arizona, Greater Phoenix region and City of Scottsdale. According to the Flinn Foundation, the biosciences in Arizona “develop treatments for health afflictions, design diagnostics to gauge and prevent illness, strengthen our food supply, develop alternative fuel sources, and much more.”
The Scottsdale Cure Corridor is more than a brand or location. This strategic concept includes activities designed to promote the innovative practices occurring around the concentration of biotech and life sciences industries from Shea Boulevard to the Scottsdale Airpark and throughout Scottsdale. The bio-life science sector has a strong presence in the city’s economic health, with Scottsdale housing 13 percent of all Phoenix Metro area bio-life sciences employment. The Scottsdale bio-life sciences activity includes a workforce of about 27,700 people and a direct economic output of $2.5 billion and indirect output of $3.5 billion annually anchored by companies such as TD2, Scottsdale Healthcare Research Institute and Mayo Clinic.
The Cure Corridor isn’t just home to some of the world’s most prestigious clinical research facilities it is also home to pharmaceutical companies such as Primus, Prismic and West Pharmaceuticals.
The health-service industry burst in 2014 with major location and expansion announcements by some of the fastest growing companies in the U.S. Companies such Orion Health, ZocDoc, Zenefits and Accolade have all chosen Scottsdale because of its skilled workforce, high quality of life and a booming industry cluster which is drawing national recognition.
Leading Health Service providers are saying this about Scottsdale:
Tom Spann CEO of Accolade said, ‘“I’m so happy that 20 of our best Health Assistants moved to Scottsdale to ensure that the new office would have the same caring, fun culture that’s been so important to our success in Pennsylvania. We’re looking forward to becoming an employer of choice in Scottsdale and tapping into the region’s rich pool of talent, including nurses, to build out our amazing health assistant team.”
ZocDoc founder and CEO Cyrus Massoumi said, "When we realized we wanted to expand our operations outside of New York City, we did a comprehensive assessment of a wide variety of markets across Mountain and Pacific time zones. Given its strong universities, direct flights to New York, great weather, incredible talent base and more, the Phoenix- Scottsdale area came out head-and-shoulders above everything else we considered."
Orion Health Executive Vice President of Healthier Populations, David Bennett said, “We selected Scottsdale as the location for the hub of our solution development efforts in North America due to both the city’s renewed healthcare and bioscience focus, and the highly-skilled talent pool from nearby Arizona universities which will be essential as we look to expand operations over the coming years.”
Zenefits founder and CEO Parker Conrad said in a recent interview with the Phoenix Business Journal that “Zenefits chose Scottsdale because of its close proximity to San Francisco, the great talent pool and because of some convincing words by Harvard University classmates Phoenix Councilwoman Kate Gallego and U.S. Representative-elect Ruben Gallego.”
“Companies worldwide are finding that Scottsdale is the perfect location to start and expand their business. We are working hand-in-hand with our Cure Corridor partners to ensure their success and to grow this strong market cluster in our community,” said City of Scottsdale Economic Development Director – Danielle Casey. “It is our goal to continue to foster a spirit of collaboration which draws on our existing strengths and demonstrates to companies looking for a new home to think of choosing Scottsdale as destination to grow their business while enjoying a fantastic quality of life.”
About the City of Scottsdale
Scottsdale, one of Arizona’s 10 largest cities is a premier visitor location as well as a tremendous place to live and do business. It is home to 125 golf courses, 220 tennis courts, dozens of parks and hundreds of miles of bike paths and hiking trails, and a Downtown with more than 20 hotels, 90 restaurants, 320 retail shops and 80 art galleries. Scottsdale Airport and its surrounding Commerce Airpark area is headquarters to nearly 2,500 businesses with more than 48,000 jobs. The high-tech innovation center SkySong, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with Arizona State University. Scottsdale was recently named one of the Top 100 Best Places to Live in the United States, and was honored as Arizona’s 2013 “eCity” by Google. For more information, visit ChooseScottsdale.com.