Study Ranks Life Sciences Industry Clusters
"In the latest Life Sciences Cluster report, put out by commercial real estate firm Jones Lang LaSalle, the Raleigh-Durham metro, once again, ranks fourth behind Boston, San Francisco and San Diego." Moreover, "[the] New York and Los Angeles metros are [catching up to Raleigh Durham], each rising two lots to fill 5th and 6th place, respectively," writes Ohnesorge.
To explain about the cities that fared well in the most recent edition of the study: "According to the report writers, clusters with a large presence of small startups, mid-tier biotech companies and specialty companies flourished in 2013. Clusters that relied on titans alone, such as large headquarter campuses, 'generally' experienced a decline in employment, according to the report."