Developing a cluster of businesses in the life sciences is not for the faint hearted.
This recent article out of San Francisco underscores how long it takes. The biotech industry is been around for over 30 years in the Bay Area.
It took 28 years for the biotech industry to generate $50 billion in revenues. Now growth is accelerating and analysts expect the revenues will double by the end of the decade. In short, biotech is the miracle that took a generation to happen. Read more.