General Discussion
In reply to the discussion: My friend just lost her job as an Analytical Chemist. [View all]Patiod
(11,816 posts)I was under the impression they were offering to help people relocate? Maybe not. I do know they're expanding their R&D here.
The big problem is that Big Pharma is cutting back R&D -- a lot of these companies have chosen to just buy promising new companies rather than do their own in-house research. And it's not an unreasonable decision - It's just getting too insanely expensive to shepherd a new drug from initial research through clinical trials to market. Too many drugs don't make it.
There are incubator companies popping up in San Francisco, San Diego, Boston and New York, but the cost of living is high and job security kind of sucks.
http://massbiomed.org/the-lists-34-biotech-and-pharma-incubators-find-out-where-life-science-innovations-are-hatched