Calif. Has Most Biomedical Firms in U.S., Report Says
California has 2,321 biomedical companies, more than any other state, according to a report by PricewaterhouseCoopers, California Healthcare Institute and BayBio. According to the report, California firms involved in "core" biomedical activities employed 152,806 workers in 2011. That is more than double the number employed in Massachusetts, which has the second-highest number of biomedical companies.
- "California Biomedical Industry Still the Biggest, Despite Tight Financing, Report Says" (Johnson, San Jose Mercury News, 1/8).