By Brenna Goth | The Republic
Plans to massively expand Arizona State University’s footprint on the downtown Phoenix Biomedical Campus with the help of a billionaire doctor are off, university officials confirmed Wednesday.
ASU no longer is negotiating the development of about seven acres of city land with NantWorks, the company led by Dr. Patrick Soon-Shiong, a university spokesman said in a statement.
The university previously said NantWorks had committed at least $75 million to the first phase of a project including joint research teams and facilities.
The announcement comes nearly a year after Soon-Shiong canceled a deal to buy the TGen building on the campus.