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Technical.ly technical.ly 23 Jan, 2023 22:00 am

Why French biotech company AdipoPharma chose Pittsburgh as its US HQ

Why French biotech company AdipoPharma chose Pittsburgh as its US HQ
The new site will act as the home base for its clinical trials. Chairman James Nolan said the region is receptive to life sciences companies, with institutions such as CMU and Pitt ripe for partnerships.

Coming to a former hospital near you, Pittsburgh is adding a new life sciences company to its growing collection.“The city has an abundance of research universities and thriving life sciences community.AdipoPharma isn’t the first life sciences company to be drawn to the Steel City.And the region’s life sciences reputation is growing: Pittsburgh ranked 11th in JLL’s 2022 Life Sciences Research Outlook & Cluster Rankings, after not even ranking the previous year.

Pittsburgh stood out due to the billions in funding it’s been awarded and long-term outcomes for local life sciences companies, as well as the talent coming out of local universities, JLL Managing Director Jason Stewart told Technical.Jeff Cohen at the HighMark Innovation Center and Ray Miller at DLA Piper, as well as access to the University of Pittsburgh and Carnegie Mellon University.

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