Florida: The Next Biotech Hot Spot?

California and Boston, where biotech giants such as Genentech (DNA), Amgen (AMGN), and Biogen Idec (BIIB) were born, continue to be the leaders in biotechnology. But more and more states are initiating plans for large biotech research establishments. Already, Maryland and San Diego have established biotechnology driven economies, and Washington, Colorado, and Pennsylvania, among others, are attempting to establish their own life science research hot spots. In fact, the biotech industry in Colorado has enjoyed a 38% increase in venture capital funding in 2006. Adam Rubenstein of Colorado Life Science Deal Flow is very busy trying to keep up with the venture capital flowing through his state.>>> Discuss This Story