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Pharma to New York: Make Nice or It’s Goodbye

October 14th, 2011

New York’s place in the biotech industry is threatened by state policies that discourage innovation and risk-taking, and provide little encouragement for students to pursue life science careers. Says the Public Policy Institute of New York in a report issued in the spring: “The biopharmaceutical ecosystem in New York is growing weaker, and Albany and major local governments must act before the equivalent of a climatic cataclysm strikes the state.” But the report is not a mere list of ills. It offers several recommendations for improving the environment for biotech in New York. Xconomy

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