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Still Waiting for NYC’s Biotech Boom

Data - June 2013

Still Waiting for NYC’s Biotech Boom

New York City has all the ingredients to become a leading biotech hub, and the Bloomberg administration is pulling out all the stops to support the sector’s growth; but the New York Metro region was only fifth among all regions in biotech VC deals last quarter—and all of the local deals went to companies in New Jersey and Connecticut.