New York needs talent.
When it comes to the recipe for building a thriving life science hub, New York City has got it all, except enough professionals who can carry the emerging sector.
It’s a world-class location, has billions in venture capital and National Institutes of Health funding, a deep research base and a strong talent pool, said Joel Marcus of Alexandria Real Estate Equities, but the industry isn’t concentrated enough to attract people to drive these companies beyond the startup phase.
“People want to move to a place where they know they’re taking a good bet in the company they’re joining and if that doesn’t work
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