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‘Chicago is in a league of its own. There is not a larger stage than this world- class city.’


schedule. Tis is no surprise. With a con- centration of medical research centers, global pharmaceutical and life-sciences headquarters, and U.S. and international medical societies, the Chicago metropoli- tan area is home to: • More than 250 corporate R&D facilities • Tree federally funded research centers • Six medical schools and more than 20 teaching hospitals


• Te densest concentration of medical research centers in the United States


• More than 500,000 health-care and life- sciences employees. “Our leading research universities and


national labs, established pharmaceutical industry presence, and emerging biotech community combine for an incredibly deep knowledge base,” said Caralynn Nowinski Chenoweth, M.D., associate vice president for innovation and economic development at the University of Illinois. “Grand chal- lenges in medicine and the life sciences are presented every day — and our experts in the Chicago area are playing significant roles in discovering the solutions.” Chicago is home to the corporate headquarters of Abbott Laboratories,


96 PCMA CONVENE AUGUST 2012


Baxter International, Takeda, Walgreens, and Hospira. Tese and other area compa- nies are at the forefront of developments in diagnostics, therapeutics, and medical equipment. Meanwhile, with six area hos- pitals named to U.S. News & World Report’s Best Hospitals, Chicago is a leader in trans- lational research and patient-care break- throughs. And throughout the Chicago area, business incubators and innovation centers encourage the growth of biotech, nanotechnology, and science startups. “As a physician, entrepreneur, and ven-


ture capitalist, I’ve experienced Chicago’s research and development community from several angles,” Nowinski Chenoweth said. “Te federal research dollars that come into the city, the commitment of the private sector, and the scientific talent and genius at our world-renowned institutions and smaller startups make Chicago a hot- bed of discovery.”


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