Florida’s economic development team is so focused on competing with the likes of Texas and New York, they almost missed the Little Island That Could chugging up behind them. Over the past few years, Puerto Rico has embarked on making itself a “biotech island,” a reference to medicine created by genetic modification. Eli Lilly and Amgen are recent billion-dollar successes. Florida’s no laggard in the biotech race. It’s landed such outfits as Scripps Research Institute in Palm Beach and Merck & Co. in Tampa. Puerto Rico’s status as a tax haven has long attracted pharmaceutical plants.>>> Discuss This Story
