Wake Forest Baptist Medical Center Announces 'Wake Forest Innovation Quarter'

4:34 PM, Mar 11, 2013   |    comments
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Winston-Salem, NC - Piedmont Triad Research Park in Winston-Salem has been renamed as "Wake Forest Innovation Quarter."

Wake Forest Baptist Medical Center made the announcement Monday. The company said in a news release that the change "positions the development of a major eco-system in downtown Winston-Salem as a new national hub for innovation in biomedical technology, materials science, and information technology."

Companies operating in that area who are unaffiliated with Wake Forest Baptist Medical Center will be able to refer to it simply as "Innovation Quarter."

"The opportunity to create a dynamic hub for innovation in the biomedical sciences and information technology here in Winston-Salem represents the evolution of the classic research park," said Eric Tomlinson, D.Sc., Ph.D., chief innovation officer, Wake Forest Baptist Medical Center, and president, Wake Forest Innovation Quarter, "in which we can support and encourage all of the community to engage creatively with one another both socially and professionally." 

Two start-companies, Blue Atom Technologies, Inc. and Biolucidation, LLC, have already moved into One Technology Place. Blue Atom Technoloties is a software company used for chemical research. Biolucidation is a privately owned research firm. Blue Atom Technologies has a five person staff and expects to grow to 15 employees by the end of 2013. Biolucidation anticipates having a five person staff by the end of 2013, growing to a 10 person staff by the end of 2014.

Russian medical company, AsInEx, will establish a North American operations location in the "Wake Forest Innovation Quarter" as well. The company chose Winston-Salem over competing citis such as San Francisco and Boston. AsInEx plans on growing its staff of 11 employees to 30 by the end of 2013.

For more information visit www.WakeForestInnovationQuarter.com.

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