Study Ranks Life Sciences Industry Clusters

Lauren K. Ohnesorge shares the results of a recent study that ranks the strength of the life sciences industry in the nation's metropolitan areas. Boston leads the list.
June 30, 2014, 8am PDT | James Brasuell | @CasualBrasuell
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"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."

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Published on Friday, June 27, 2014 in Triangle Business Journal
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