Fort Worth’s journey to becoming a prominent medical innovation hub began in the 1990s when local leaders sought diversification beyond its defense industry roots. A study recommended establishing an incubator for medical technology, which led to the creation of TechFW in 1998. This initiative paved the way for higher education institutions like UNT Health Fort Worth and Texas Christian University to expand their medical programs.
The city’s early success was exemplified by Alcon Laboratories, founded in 1947 as a small pharmacy. Today, Alcon is a global leader in eye products with annual revenue exceeding $10 billion. Other successful companies, such as Exact Diagnostics and ZS Pharma, have also emerged from the region.
In recent years, investment has increased, with the creation of the Medical Innovation District in 2023. This designation allows the region to attract more businesses and research. The district is already seeing activity, with TCU’s medical school and a planned biomedical repository from Texas A&M University. Alcon has also opened a new research center.
Experts agree that continued investment in medical innovation will drive substantial economic growth over the next decade. With its rich history, diverse institutions, and growing infrastructure, Fort Worth is poised to remain a competitive player in the medical innovation landscape.
Source: https://fortworthreport.org/2025/11/25/tarrant-countys-medical-innovation-industry-has-grown-experts-see-more-ahead