Three biomedical companies are establishing presences on the Price Road Corridor in Chandler, bringing with them a combined 270 jobs. The move could represent the beginning of a biomedical center in the East Valley suburb.
The corridor, which stretches six miles between the Arizona State University Research Park and Intel’s campus near Riggs Road, will serve as home to Island Kinetics, Isagenix International Inc., and Amersham Biosciences.
“We are concentrating on the development of this biomedical cluster near Chandler Regional Hospital and the many surrounding facilities including the Arizona Heart Center,” Chandler City Councilman Phill Westbrooks wrote in a Dec. 27 Arizona Republic op-ed article.
The companies’ concentrations run the gamut: Island Kinetics works with medical and health products; Isagenix is a neutraceuticals company focusing weight loss; and Amersham tests DNA. According to the Business Journal, Amersham also owns Motorola’s life-sciences operations.
The three currently operate out of facilities in Tempe. Thus far, only Island Kinetics has said for certain that it will cease operations in that city.
For more information:
“Chandler develops biomed center, adds 270 jobs,” Business Journal, 01/05/2004
“Biomedicine helps job scene,” Arizona Republic, 12/27/2003