Medical Technology Industry Gaining Life in Jacksonville; More and More See Virtues in Area and Decide to Set Up Shop Here

By Skidmore, Sarah | The Florida Times Union, August 23, 2004 | Go to article overview

Medical Technology Industry Gaining Life in Jacksonville; More and More See Virtues in Area and Decide to Set Up Shop Here


Skidmore, Sarah, The Florida Times Union


Byline: SARAH SKIDMORE, The Times-Union

Like liquid building to a boil over a Bunsen burner, the medical technology industry is heating up slowly in Jacksonville.

Medical products and services is one of the five targeted industries for the region, which means business and city leaders are trying to support existing business and draw more of its kind to the area. But like any experiment, the perfect results can be hard to achieve.

"It's a little bit more elusive target than some of the others, like finance or banking," said Jerry Mallot, executive vice president of the Jacksonville Regional Chamber of Commerce. "The projects tend to be smaller and less frequent."

The Jacksonville area is already 14th in the nation among metropolitan areas in terms of medical employment, according to a study commissioned by the chamber. The medical technology market is estimated to grow in the coming years as a result of the population's aging and changes in medical treatment. Mallot said the chamber is targeting small businesses to grow this industry in Jacksonville because they are the most mobile and likely source of innovation in the industry.

City and business leaders are hoping to capture the attention of new businesses a number of ways. In addition to seeking out the hard-to-find companies, the chamber has brought trade publication journalists here, created support services for companies, sent direct mailings and participated in large industry trade shows. But one of the key strategies is using existing and emerging success stories to enhance the area's reputation inside the industry.

Recent big announcements from small companies like 14-employee Gyrx up to large organizations like the nearly-5,000 employee Mayo Clinic Jacksonville help to reinforce that Jacksonville is a hot area for medical technology companies to come. Business leaders like Mallot said existing businesses help generate a trained workforce, which city and business leaders say is one of the region's selling points. Other highlights include the area's good business climate, quality of life and abundance of research facilities.

"If we're talking about 'Can Jacksonville be a center for this industry?' Then the answer is categorically yes," said Al Rossiter, president and chief executive officer of Enterprise North Florida Corp. "All the ingredients are here. Can it be done between today and Thursday? No. It takes a longer-term strategy."

Peter Von Dyck, president and chief executive officer of medical device company Zassi Medical Evolutions, said his company had the luxury of choosing where to start when it picked Fernandina Beach in 1997. The company liked the site, in part because it is a developing area. Jacksonville wasn't saturated with other medical device businesses like Minneapolis or Boston so his company got more attention and access to employees. Although he didn't find all his employees locally, he was able to get skilled workers who were eager to relocate to Florida where the weather and cost of real estate is better.

"A lot of us want to ride a wave up, not ride a wave that crashed into the shore 20 years ago," Von Dyck said.

The company has 15 full-time employees and said it will triple that number in the next two and half years.

Other companies have based here for similar reasons. Rossiter said he is helping a California company. Ares Laboratories, establish here largely because the founder is set on living in Northeast Florida. The company is developing a coagulant that stops bleeding quickly based on research out of University of California Davis.

"Jacksonville tends to attract executives that are very experienced -- that are retired, semi-retired and can be a tremendous resource for starting companies," Rossiter said. "If Jacksonville can be successful surrounding [the founder] with the capital but also with the talented people . . . …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Medical Technology Industry Gaining Life in Jacksonville; More and More See Virtues in Area and Decide to Set Up Shop Here
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

    Already a member? Log in now.