Economic Development Futures Journal

Friday, February 11, 2005

counter statistics

Minnesota Biotech

Minnesota Gov. Pawlenty and other state economic development officials have said for the last two years that Minnesota is well-positioned to become a leading center of biotechnology. A panel of business, academic and political leaders looked at that question. Instead of the enthusiasm often heard at such events, they said Minnesota faces challenges that are keeping the state from becoming a biotech leader. More here.

My view: Biotech will be a hard struggle for most states that currently are not the top leaders. But, you can buy your way into the market. Just ask Florida and the folks at Scripps. Not a cheap shot, rather a statement about what it will take for all those places that "wannabe" biotech and life science meccas. Personally, I believe Minnesota has some distinct opportunities in biotech, despite what the nay sayers may contend.

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