Gainesville Startups Bear Fruit

Two Alachua County startups are proving how fertile the Gainesville area is for innovation. AxoGen logged a 58% revenue increase this year for the third quarter. The publicly traded company (NASDAQ: AXGN) manufactures peripheral nerve repair products, and all indications point towards a bright future. AxoGen just secured nearly $30 million allowing them to retire costly royalty agreements with a pharmaceutical company, and reduce their debt service by several million dollars per year. The company is headquartered in Alachua in Progress Park.

Additionally, Applied Genetics Technology Corporation (NASDAQ: AGTC) is en route to the stratosphere of success. Also in Progress Park, this Alachua based publicly traded company is developing gene therapy to treat rare eye diseases. Their 2014 third quarter revenue is almost triple their third quarter 2013 figures. The company is about to start clinical trials for two separate therapies, with several other projects in the pipeline. These local rock stars are just two examples of what the greater Gainesville area and the University of Florida’s presence can offer blossoming companies.

Click here to read the full story on AxoGen from The Gainesville Sun, click here to read the full story on AGTC from The Gainesville Sun, or click here for more Front Street news...


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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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