BioLabs Pegasus Park Cultivates Life Science Ecosystem
The establishment of a “marquee” location in Dallas for BioLabs Pegasus Park, initiated by Lyda Hill Philanthropies, helped the organization attract a robust number of early stage life science companies in its first year. Because BioLabs Pegasus Park is a university- and institution-agnostic incubator, there is no perception that it has a bias towards any one organization. It offers a level playing ground for life science innovation.
BioLabs works closely with BioNTX, the regional affiliate of BIO, a global biotech trade association. Everett pointed to BIO’s annual conference in June as a great example of the kind of attention North Texas companies are beginning to see. She reported many productive meetings, drawing the envy of Boston competitors.