Bio Tech Growth to Benefit Martin County, Florida

More great news for Florida's future and Martin County. Bert Sakmann, a Nobel Laureate, has been named the Scientific Director of the Max Planck Florida Institute based in Jupiter. Even though the bio-tech park is in Palm Beach county, Martin County will benefit tremendously from firms servicing the industry, as well as scientists working at the bio-tech park that want to take advantage of Martin County's A-Rated schools.

Research at the Max Planck Institute will focus on bio-imaging, working closely with their neighbor, Scripps Florida. The Max Planck institute will be creating 1,824 jobs and $2.4 billion in labor compensation over 20 years in return for almost $200 million in incentives from the State, Local Government and partners.

The permanent facility of the institute is a 100,000 sqaure foot state of the art biomedical complex expected to open in 2011.

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