Biotech Research No Silver Bullet for Florida

Thanks to the Florida State Legislature’s 2006 Florida Capital Formation Act, It is now home to new facilities for Torrey Pines, Scripps, Max Planck, Nemours, the Miami Institute for Human Genomics, SRI International, the Vaccine & Gene Therapy Institute, and Charles Stark Draper Laboratory, Inc. However, the Millennial Depression has slowed growth and delayed the much-needed spinoffs that the state was counting on for job creation. Now, with the state’s coffers empty, the lack of instant job growth is causing a search for another, new instant success instead.

By Richard Reep

Full Story: http://www.newgeography.com/content/001446-biotech-research-no-silver-bullet-florida