Mayo Clinic looks to attract companies to Arizona innovation hub

Rochester, Minn.-based Mayo Clinic is working to attract biotech companies to its planned Discovery Oasis innovation hub in Phoenix, Ariz., local news outlet ABC 15 reported Oct. 11.

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The Phoenix City Council will vote Oct. 18 on the proposed 120-acre biotech hub. The innovation center is planned to be adjacent to the Mayo Clinic’s existing Arizona hospital.

The project, which has been planned for a decade, will focus on research, medical equipment manufacturing and outpatient treatment. The cost of the project was undisclosed. 

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