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May 22, 2007

More nations creating biotech R&D hubs

  • They are trying to manufacture a version of the naturally occurring clusters seen in San Francisco and Cambridge-Boston areas.
    • By DAMIAN TROISE
    AP Business Writer

    NEW YORK — When it comes to attracting leaders in the biotech industry to their shores, foreign governments are taking the “if you build it, they will come,” approach.

    Biotechnology companies often congregate around a common attraction, whether that be a university with strong research capabilities or a high-tech talent pool developed by other established firms. And so governments and private groups are striving to create the ideal environment with which to attract life sciences firms, in the hope that any transplants seed a cluster of industry.


     
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