Expansion Supports Research Initiatives at Georgia Institute of Technology

After a decade of growth in science and technology research at the Georgia Institute of Technology, biomedical researchers at the institution are getting a new, 200,000 square-foot multidisciplinary research facility to expand their enterprise.

The new Engineered Biosystems Building (EBB) will be funded by $34 million contributed by donors and sponsors of Georgia Tech, and $59 million requested in state funding for the fiscal year 2013, according to a description of the project released by the university.

The new building will support enhanced research initiatives in the field of biomedical research, a branch of research that seeks to find preventative measures and cures for diseases. The facility, Georgia Tech says, will allow for greater collaboration with researchers at Emory University Hospital and Children’s Healthcare of Atlanta.

In the decade from 2000 to 2010, research initiatives at Georgia Tech more than doubled, growing from $304 million to $611 million. Research results are used to fuel innovation in the private sector, the institution notes, which in turn supports economic growth throughout the state as biomedical companies are attracted to the area. Georgia Tech’s statement says its investment in research initiatives has already attracted new businesses, and its innovations have spawned new ventures, such as Cardio MEMS, a medical device maker that is now a public company.

Biomedical research is indeed a driver of economic growth, says Columbia University’s Lee Goldman, dean of the faculties of Health Sciences and Medicine. In an opinion piece of the university’s office of communications, he notes that research creates new products and improved technologies, creating a ripple effect of new employment. But researchers themselves are in high demand: the U.S. Bureau of Labor Statistics states that the job market for biomedical researchers is growing at 36 percent, much faster than the national average, and that the median salaries for professionals in this field is approximately $76,000 per year.

Biomedical research requires the collaboration between multiple disciplines, including anatomy, biology and chemistry. According to the National Association for Biomedical Research, students seeking a career in biomedical research and similar research initiatives should pursue a Ph.D. program and allow about seven years to complete their studies.

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