Genetix IQ opens office location in Fairfax City, taking advantage of strategic
policy changes led by Fairfax City Economic Development
FAIRFAX
CITY, Va., June 4, 2024 /PRNewswire/ -- Fairfax City
Economic Development (FCED) announces the arrival of Genetix IQ, a
leading biotechnology company, to its dynamic business landscape.
This significant addition follows the recent modernization of
Fairfax City's zoning rules,
marking a pivotal step in expanding the City's technological and
innovative ecosystem.
Genetix IQ specializes in advanced genetic technology, offering
new rapid and accurate molecular diagnostics for disease
identification and healthcare treatments in women's health,
gastrointestinal analysis, and several other common healthcare
needs. FCED led the modernization of the zoning legislation, paving
the way for high-tech, research-based businesses to flourish and
invest in the community. Fairfax
City aims to foster collaboration between biotechnology
firms and other local businesses to enhance public health and
support various scientific projects.
"Biotechnology companies are on the leading edge of
revolutionary advancements essential to solving critical challenges
across the globe. We welcome Genetix IQ to Fairfax City and look forward to their success
within a very diverse community of businesses that have chosen to
locate here," said Fairfax City
Mayor Catherine S. Read. "As a
small city at the epicenter of an economically robust region, we
offer a level of support and attention to our businesses that is
unique."
"We feel fortunate to establish our office here in Fairfax City," stated Shahid Aziz, CEO of Genetix IQ. "The City
offers multiple resources, including a dynamic business community,
a top-ranked university with important connections to new
developments in science and technology, and a highly educated
workforce. These factors provide us with the connections needed to
thrive."
"We take pride in our efforts to modernize Fairfax City's Zoning Ordinance, reducing
barriers and making the City an attractive destination for
cutting-edge businesses," said Christopher Bruno, CEO and President of Fairfax
City Economic Development. "I would like to acknowledge the
work of the FCED business investment team, along with our partners
in the Department of Community Development and Planning, and Zoning
officials."
"In a post-COVID world, we are taking a deeper dive into what
types of tenants require in-person participation, and innovations
in fields like biotech fits that bill," Nicole Toulouse, Senior Vice President of
Business Investment of Fairfax City Economic Development
added. "We are thrilled that Genetix IQ continues to add to the
innovation economy in Fairfax
City."
The arrival of Genetix IQ signifies a milestone in Fairfax City's ongoing efforts to support
modern entrepreneurial firms and adapt to evolving industry
trends.
To learn more about Genetix IQ, please visit
genetixiq.com.
About Fairfax City Economic Development
Fairfax City
Economic Development is a collaboration between the Fairfax City
Economic Development Department and the Fairfax City Economic
Development Authority, an independent agency administered by a
commission appointed by the City Council to promote economic
development activity within Fairfax. Fairfax City Economic Development
helps attract businesses to the city, encourages and develops
programs that foster connections between businesses, residents, and
visitors of Fairfax City, and
spearheads innovative programs and strategies devoted to
positioning Fairfax City as an
ideal location to start, grow, and scale a business. It is a
founding member of the Northern Virginia Economic Development
Alliance. Learn more at gofairfaxcity.com.
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SOURCE Fairfax City Economic Development