Biotechnology

Biotechnology has become a big business in the United States, over the past few years. It is spreading across the United States, a few small hot spots, called biotech clusters, have captured the nation's majority of the nation's biotech business. Other states have wanted to join the list. 41 states have committed a total of $18 million to attract and develop biotechnology. More than 80 percent of local and state economic development agencies named biotech as one of their top two targets for industrial development. Regions with a significant amount of biotech companies venture capital…