Vaccine & Gene Therapy Institute opens in Port St. Lucie

Posted: February 29, 2012 at 10:09 pm

PORT ST. LUCIE, Fla. -- A $120 million complex is putting Port St. Lucie on the map as a bio-tech hub.

Vaccine and Gene Therapy Institute of Florida, or VGTI, is finally in their new home.The grand opening ceremony was held Wednesday and attracted hundreds of local and state leaders who made the center for innovation a reality.

The state and the city of Port St. Lucie gave $120 million in incentives to attract VGTI, right next to the other bio-tech giant, Torrey Pines Molecular Research Institute.

VGTI, while perhaps not well-known in the public, in the international medical field is showing the most promising research to treat cancer, and even cure HIV.

"For HIV, it's hard to predict when we will find the cure, but we are moving as fast as we can and we're getting closer," said Dr. Jay Nelson, VP of VTGI.

Researchers are giving local people access to clinical trials for HIV and Hepatitis C.So far VGTI is the only researcher showing positive results with an HIV Vaccine.

The research complex will create 200 jobs and attract researchers from around the world.They currently are hiring 125 positions in research and science and promise more positions will be created as the development out here will come.

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Vaccine & Gene Therapy Institute opens in Port St. Lucie

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