Science Market Update

Minnesota Mayo Clinic Constructing $72M Hospital Expansion

Written by Laura Braden | Wed, Mar 04, 2015

The Mayo Clinic is one of the most well-known research and treatment centers in the world. With facilities in Arizona, Minnesota, and Florida, the Mayo Clinic receives millions of dollars in funding each year, performs cutting edge research and clinical trials, and sees more than one million patients each year. 

The Mayo Clinic in Rochester, MN is currently working on expanding the Saint Mary's Hospital, a $72.1 million project that is expected to be completed in 2016. This new construction project expands on the already underway project that is adding 4 new stories to Saint Mary's Hospital and expanding the emergency room. Once completed, an additional five floors will be added to the Mary Bright East Building and the third floor of the Domitilla Building of Saint Mary's Hospital will be renovated, adding 132,000 square-feet of finished space and 25,000 square feet of shell space to the buildings.  

Within these 5 new floors, three will have 23 new private rooms for patients, and two floors will be used for shell space and mechanical infrastructure. 

The Mayo Clinic in Minnesota has proposed a 20-year, $5 billion investment plan to upgrade and expand the campus. Along with expanding the Hospital, the plan also includes constructing a Proton Therapy Center that is expected to be able to treat patients in 2015. The Mayo Clinic Healthy Living Center will also be expanded by adding an additional 4 floors. 

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The Mayo Clinic in Rochester, MN has many different departments and centers that greatly benefit the life sciences. The Mayo Clinic, Minnesota campus in Rochester is also a multi-million dollar research and treatment center that receives annual funding from public and private donors to support research projects and clinical trials.

In the 2014 fiscal year, the Mayo Clinic in Rochester, MN received $200.6 million in funding from the NIH that was awarded to researchers in all disciplines of the life sciences. Current funding is being used for projects including: 

  • The Mayo Clinic recently received $585 million in government funding for the new Destination Medical Center which will house, among other facilities, a massive radiation treatment center.
  • Mayo Clinic researchers will take part in a $12.7 million NIH funded study intended to advance research in new applications for existing therapeutic compounds.
  • Mayo Clinic was awarded $9.8 million from the National Institutes of Health, in order to develop a population genetics analysis program.

Biotechnology Calendar, Inc. hosts an annual BioResearch Product Faire™ Event in Rochester, MN in close proximity to the Mayo Clinic that gives lab supply companies the opportunity to meet face-to-face with more than 100 life science researchers to discuss new lab products and technologies that are available to them. 

At the 2014 event, researchers came from more than 35 research departments and 10 research buildings within the Mayo Clinic.  

To learn more about participating in the 10th Annual BioResearch Product Faire™ Event in Rochester, MN coming up on May 20, 2015, visit the link below: 

 

Researchers in the Rochester area are invited to visit the link below to pre-register for the May event: 

Looking for more life science marketing opportunities? Visit the 2015 trade show calendar here