Biotech Investment and Regional Growth

Case Studies and Bench Marks

Los Angeles County’s position in its bioscience industry development is best described as “on the brink.” It has greatly exceeded the industry’s growth nationally over the past decade and demonstrated particular robustness in growing through the recession years. Still, the competition—led by San Francisco, San Diego, Boston, and the Research Triangle, followed by smaller segments in Washington D.C., Pittsburgh, and Philadelphia—is relentless, and Los Angeles County lags behind the top regions.

What is important to recognize is that the top regions are not simply holding their own, but continuing to make significant strides in their bioscience industry development, fulfilling the notion of what a high performing “industry commons” can engender.