California Concerned About Biomed Manufacturing Losses

In 25 years, through economic downturns and increased competition, California's biomedical industry grew to become the biggest in the world, providing 230,000 jobs, according to a new industry report.

Now, as the industry matures into the manufacturing stage, the state is leaking those high-tech, high-paying jobs to states and countries that are practically throwing money at companies to relocate, according to the report, commissioned by the California Healthcare Institute.

More here.