Tuesday, October 31, 2006

desperately seeking biotech

Here is a quote:
"What we're missing in this region is a broad and deep commercialization eco-system," that would allow biotechs.... to continue to survive, and perhaps acquire other companies, as opposed to becoming acquired...
Is this Pittsburgh? Actually this is from Seattle. A good other-regional perspective on the challenges of promoting a biotech economy is this article yesterday in the King County (Seattle) Journal. It's risky to bank on biotech: Companies move, fail before communities see any benefits.

Another perspective of note is this piece just out in Business Week: Biotech's Beef - Companies say grad schools aren't stressing what students require in the real world which talks about the disconnect between academic biotech and what commerical biotech industries actually need.

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