Could Austin—The "Silicon Hills" Of Texas—Become The Next Biotech Hub?
AUSTIN, Texas — The Texas capital is best known for its music, barbecue, “keep it weird” mentality, and — kicking off this weekend for the 30th time — the annual South by Southwest festival. But there’s another player in the local economy: biotechnology.
Within a 25-mile radius of the State Capitol building here, close to 200 life science companies have sprung up, many of them small startups that have put down roots within the past few years, hoping to get a foothold in the industry while the city is still affordable.
Within a 25-mile radius of the State Capitol building here, close to 200 life science companies have sprung up, many of them small startups that have put down roots within the past few years, hoping to get a foothold in the industry while the city is still affordable.