By Shelley Phillips Kimel from Knoxvillebiz.com
The Knoxville area has a growing interest in biotechnology that's a bright spot in the local economy.
"Knoxville has very strong potential to start several promising life science companies in the next three years," said Ken Woody, Life Science Tennessee Board member and president of Innova, an early-stage Venture Capital fund focused on healthcare and technology investments in Tennessee with offices in Memphis and Knoxville. "There is some exciting technology right now at Oak Ridge National Laboratory and UT Research Foundation in materials science and leading edge diagnostic devices."