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Reading Summary - A Biotech Building Boom.docx

3 Pages
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Department
Geography
Course Code
Geography 3422A/B
Professor
Milford Green

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Description
A Biotech Building Boom 3/8/2013 8:14:00 PM A Biotech Building Boom  Pfizer Inc. broke ground Monday in the Boston area on a new 180,000 square-foot facility that will house researchers being moved from Groton, Conn.  Pharmaceutical companies such as Pfizer are increasingly concentrating research and development in a handful cities known as "bioscience clusters" that are rich with universities and competitors o The trend is a sign that companies are reaching for new and costly ways to bolster their research efforts at a time their pipelines of blockbuster drugs are running dry o New offices are expensive to construct, and
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