NEW YORK, March 23 (GenomeWeb News) - The City of Phoenixtoday officially opened the $46 million dollar headquarters for the Translational Genomics Institute and International Genomics Consortium as part of the state-funded PhoenixBiomedicalCenter.
The 173,000 square-foot TGen/IGC building is owned by the City of Phoenix, and forms the foundation for the 28-acre PBC, which is part of an Arizonainitiative to lure more biotech companies to a cluster that includes the Mayo Clinic, NIDDK, the Barrow Neurological Institute, and others.
Arizona Governor Janet Napolitano called the PBC "very important for the state's future economic growth" and said it will "benefit all [of Arizona's] citizens."