Biotech Britania

Cambridge concentrates bio businesses

In the July 10, 2007, The Wall Street Journal, a three-page special advertising section ran touting the scientific advantages of doing business in the U.K. The articles cited top universities, such as Oxford and Cambridge, as well as a strong biotech cluster in the Cambridge area. One article cited statistics from Library House, a Cambridge-based investment research and consulting company, that within a 50-mile region surrounding Cambridge University there are 180 biotech-related companies employing 3,600 poeple, generating $1.46 billion in revenue. The special advertising section also pushed London as good choice for filmakers, from Hollywood to Bollywood, and for renwable-energy firms. GEO