Pfizer Inc.(Jobs) Setting Aside $10 Million a Year to Help Biotech Startups

Pfizer’s 26,600 square feet of empty lab, office and meeting space set aside to incubate new biotechnology companies might not look like a luxury hotel, but company executives hope it will feel that way to the tenants now being screened. In a modern, tile-and-glass building on its campus on the San Diego coast, the pharmaceutical giant is planning to spend $10 million annually for at least the next five years.

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