State seen slipping as biotech center
By Naomi Aoki, Globe Staff, 12/11/2002 Quote from the Boston Globe.
assachusetts, a major center of biotechnology since the field's birth nearly 25 years ago, may be in jeopardy of losing its stronghold, at a time when the industry is poised for a new wave of growth and other regions are aggressively vying for an increasing share of the nation's biotech jobs, companies, and tax dollars. According to a report released yesterday by the Massachusetts Biotechnology Council and the Boston Consulting Group, the state is already falling behind in the competition to be the premier center of biotechnology, and if it doesn't act soon to reverse the trend, it stands to lose out on nearly 100,000 new jobs and $1 billion in tax revenue in the next eight years"
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