Metro Phoenix has become a hub for the healthcare industry. It's a destination market where leading healthcare centers sit amid a collaborative environment of pharmaceutical, biomedical, research and educational facilities.
Tax incentives offered by the Arizona Commerce Authority, coupled with SRP's low power prices and access to the region's affordable, educated workforce equate to a low-cost business environment in which the biomedical field thrives.
The following are among the entities that call the Phoenix area home:
- Health care centers, including Mayo Clinic Cancer Center, M.D. Anderson Banner Cancer Center, Barrow Neurological Institute and Cancer Treatment Centers of America
- Biomedical partnerships, such as TGen, the Biodesign Institute at Arizona State University, the International Genomics Consortium and Science Foundation Arizona
- Pharmaceutical companies, including Abraxis, Medicis, AstraZeneca and development firms Covance and BioAccel
Additionally, the Phoenix area includes numerous business accelerators to support new companies, such as the Impact Accelerator at ASU's Biodesign Institute, Innovations, AZ TechCelerator and Furnace Accelerator.
Learn more about health care businesses in Phoenix from one our partner agencies or contact an SRP economic development advisor today: