Can Florida Be The Next Biotech Hub?

There is an increased incentive to lure companies to the east by giving them lucrative offers like multimillion dollar incentives, cheaper lands. Medical research companies are looking to take advantage of this opportunity and expand their operations. Florida has been able to attract 3 facilities form San Diego- The Scripps Research Institute, the Burnham Institute for Medical Research and the Torrey Pines Institute for Molecular Studies. All of these companies intend to create a biotechnology hub along the Treasure Coast a hub similar to California and North Carolina’s Research Triangle. There are mixed reactions on this opinion. One fragment feels that it would offer new areas of growth and there will be reduced dependence on agriculture and tourism. The other section feels that Florida has missed the opportunity and the opportunity can not be bought by providing incentives. The state has a weak education system which acts a big hurdle.

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