Tag Archives: biomidwest

MidWest Wants To Be a Big Name in Biotechnology

The biotechnology sector is on the rise. A number of companies situated on the east and west coast of U.S. are churning out a number of things ranging from new types of corns to papayas, home pregnancy tests and a possible cure for AIDS. On the other hand Midwest is trying to sell itself as a biotechnology destination as earlier it was struggling to reinvent itself after losing manufacturing jobs. Generally it is seen that whenever bioscience comes to the mind of people they tend to associate with the eastern and western coast. It is trying itself to position as a long term player in the biotechnology sector and high paying jobs and researchers coming to their land which has one of the strongest biosciences base. One of the main reasons Midwest lacked behind was that it went unrecognized by coastal ventures capital which is where the major share of venture capital is.