You are here

Biotech firms leaving big US cities for the suburbs

High rents, tight lab space forcing them out of Boston, New York and San Francisco

New York

THE biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign that the "live, work and play" movement into big cities may have hit a roadblock.

For example, Modern Meadow, a biotech startup...

Market voices on: