Six years ago Florida began a spending spree on biotechnology, paying out $1.5 billion to eight companies that employ a combined 1,100 people — or an average of $1.4 million per job.
That’s an eye-popping figure to be sure. Even more jarring, though, is that we’re not done yet. The reality is that the state will need to continue to heavily invest in this sector if it ever hopes to become home to a collection of true biotechnology clusters.
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