UT-Baptist Research Park


Pharmaceutical consulting firm Med Communications Inc. is expanding its presence in Memphis, with plans to soon move into a larger office space to accommodate anticipated growth over the next several years.

In April the company will move from 910 Madison Ave. to the Memphis BioWorks building at 20 S. Dudley St.

“The BioWorks Foundation Group is very business-oriented, especially in health care delivery and biotechnology, so it really fits us well to move our operations over there,” said Dr. Allen Scoggin, president and CEO of Med Communications.

03/06/2012 - 10:31

Dr. Lisa Jennings understands that creating new drugs is important. She also understands that how the drug interacts with the body is even more important. Jennings is the founder of CirQuest Labs, a three-year-old contract research organization (CRO) that provides an array of support services to pharmaceutical companies as well as academic institutions that carry out translational and clinical research. CirQuest Labs, which partners with Innova, is run out of the Memphis Bioworks Foundation.

11/02/2011 - 11:42

RxBio Inc. is currently part of the Memphis Bioworks incubator.

RxBio Inc. has been hard at work building the funding bridge it's counting on to take its lead candidate, RX100,
down the home stretch toward approval.

05/19/2011 - 10:29

MEMPHIS, Tennessee, April 4, 2011 – As recent events in Japan have caused the world to focus on unintended radiation exposure, attention on a drug from RxBio, one of the incubation companies in the Memphis Bioworks® Foundation’s Incubation Center in Memphis, is gaining considerable national and international attention. Rx100, a radiomitigant that can be administered after exposure to forestall the cascade of events leading to radiationā€induced damage to the body, is currently in the testing and presentation stages within the US government.

04/06/2011 - 15:50

The City of Memphis and Memphis Bioworks Foundation have received a $2 million grant that will be applied toward development of a a 167-room hotel at 969 Madison.

The grant comes from the U.S. Department of Housing and Urban Development’s federal Brownfields Economic Development Initiative. The total project is estimated to cost $33.8 million.

12/09/2010 - 12:22

Memphis Bioworks Foundation officials hope to transform the old Medical Center Holiday Inn into a 167-room extended-stay hotel with a fresh new look in two years.

Thursday's announcement of a $2 million federal grant was hailed as a taxpayer-funded stimulus for the $33.8 million project that will create 126 permanent jobs.

12/08/2010 - 12:37

During feeble economy, health care business thrives

Monday, November 22, 2010, Vol. 125, No. 227
TOM WILEMON | The Daily News

Throughout a prolonged recession and anemic recovery, hospitals and health care companies have given Memphis a powerful antidote to an ailing economy.

They have invested more than a billion dollars in new construction and equipment, expanded operations and kept tens of thousands of people working.

12/07/2010 - 14:24

Business Facilities
The Location Advisor
December 2009

Tennessee has been named the winner of Business Facilities’ third annual State of the Year Award.

The Volunteer State won this coveted citation due to an aggressive and creative development effort that defied the economic downturn with a series of multi-billion-dollar projects.

09/24/2010 - 14:36

Business Facilities
The Location Advisor
August 01, 2010

Bioscience already is a primary driver of the economy in Memphis, TN, with about 176 biomedical facilities employing more than 30,000. Bioscience industry growth in Memphis has been double the U.S. rate for the past decade, and one in every four new jobs in the city is bioscience-related. The city ranks as the eighth-largest medical center in the nation and is a regional hub for clinical care.

09/24/2010 - 14:32

The only thing missing from most biomedical clusters, ideally, is a way to get time-sensitive medical materials where they need to be “stat” — really stat, in the case of imminent surgery in trauma cases, for example.


by Mark Arend
Site Selection Magazine
July 2010

09/22/2010 - 13:51