Worth a read if you have not seen it.. Battelle has recently put out the report:
Growing The Nation's Biotech Sector: A Regional Perspective. Need to keep in mind that this has a lot of good data, but is limited to commercial biotechnology industries for the most part. Thus it does not really capture the direct impact of university based R+D nor even biotech activity that is embedded in much of the health care sector... From the numbers it's safe to say that overall the core issue remains for Pittsburgh: research great, commercialization needs work.
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