Sue Washer has a list of reasons she likes the Gainesville, Florida area for her gene therapy startup, Applied Genetic Technologies Corp. Among them are low corporate costs compared to other biotech hubs, proximity to University of Florida — “one of the best-known gene therapy colleges in the country” — and less competition for new hires.
So why, after more than a decade, did the company open a 2,700 square foot office in Kendall Square last year?
“We could have hired people into Florida, but that (business development) person, that IR person, would have spent most of their time flying up here anyway,’ said Washer, CEO of AGTC, in a recent interview.
