San Diego Business Journal -- California’s biomedical industry experienced modest job growth during the worst economic downturn since the Great Depression, but the state stands to lose some of its grip on the biomedical industry unless it can continue to attract high-paying jobs and fund innovation, according to a new report issued by the La Jolla-based California Healthcare Institute. For San Diego, home to the third largest cluster of biotechnology companies in the U.S., the implications of this trend could have a profound effect, according to local industry leaders.
