The carrion startups of biotech’s boomtown
In Kendall Square, where available space for biotech companies hovers around zero square feet, startups often rely on the misfortunes of their peers.
As STAT’s Kate Sheridan reports, companies looking to land a lab in the industry’s densest neighborhood usually end up subleasing desks and benches from biotech firms that no longer need them.
That’s often because experiments didn’t work, funding didn’t come through, or partnerships never materialized. But it ends up being a symbiotic arrangement in the biotech ecosystem: Startups get a place to work, and incumbents get to reduce their rents.
Read more.
As STAT’s Kate Sheridan reports, companies looking to land a lab in the industry’s densest neighborhood usually end up subleasing desks and benches from biotech firms that no longer need them.
That’s often because experiments didn’t work, funding didn’t come through, or partnerships never materialized. But it ends up being a symbiotic arrangement in the biotech ecosystem: Startups get a place to work, and incumbents get to reduce their rents.
Read more.
.png)
No hay comentarios:
Publicar un comentario