Survey shows a 28% increase in New Jersey biotech firms

06/11/2010 | Star-Ledger (Newark, N.J.), The

The number of biotech companies operating in New Jersey rose from 238 in 2008 to 303 this year despite the economic downturn and wary investors, according to a survey by trade group BioNJ. The survey also noted the prevalence of emerging biotech firms in the sector, with 51% of the companies saying they had been in operation for no more than five years.

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Star-Ledger (Newark, N.J.), The

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