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Healthcare & Bioscience Industry Action Plan: Doing Well by Doing Good

Doing Well by Doing Good: Leveraging San Antonio's Unique Biomedical Strengths to Fuel Economic Growth and Become a Resource to the World

Developed in partnership with international consulting firm Frost & Sullivan, the BioMed SA Industry Action Plan identifies 83 recommendations to support the attraction, creation and growth of bioscience companies along with continued investment in the regional ecosystem as part of San Antonio’s overall plan for economic development, known as Forefront SA.

The recommendations include broad actions which could be undertaken by community and government stakeholders as well as specific strategies for industry and academic institutions in the city. The plan—supported by the City of San Antonio, San Antonio Economic Development Foundation, and Texas Research & Technology Foundation – provides recommendations to help the community: 1) attract and recruit new biomedical businesses; 2) retain and grow local biomedical businesses, and 3) ignite and nurture the entrepreneurial development of startup companies.

Conducted in two phases during 2017 and 2018, the BioMed SA Industry Action Plan targets five key disease areas in which San Antonio’s biomedical sector has unique assets and recognized strengths – Diabetes, Infectious Diseases, Cancer, Neurological Disorders, and Trauma/Wound Healing/Regenerative Medicine. The plan also recognizes the significant potential growth in military medicine across these and other disease areas.

It builds on previous work by local industry leaders during BioMed SA’s Asset Initiative (2011-2013) and subsequent strategic recommendations made by the San Antonio Medical Foundation (2015).

The recommendations from the action plan will take shape as community and industry leaders come together to focus on specific opportunities that can be implemented in some cases by individual stakeholders or organizations, or in other cases by newly formed collaboratives with a collective ability to achieve key goals.

BioMed SA expects to hold a series of workshops to help shape next steps and drive ownership of specific initiatives within San Antonio’s healthcare and bioscience sector, one of the city’s leading industries.

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