It seems that there is still a flood of money coming in to San Diego for biotech. Of course, that may slow down or stop at some point in the future. However, I don’t think healthcare in general is a dying business. I believe this is why many towns (including my old town, Seattle) are desperate to set themselves up as a bio-tech area. San Diego has already done it, and *seems* to be doing well, in general.
The FDA is always going to “get in the way” and not approve some life-saving (but stroke inducing) pill, but I think it’s more important to look at the longer-term view.
Exactly what that is, I’m not qualified to say. Anyone reading this forum work in biotech? Care to comment on the employment situation right now and how it compares to 12 months ago?
