|
|
Article: Money, Experience Drawing Foreign Companies To U.S.
- Article from:
- BIOWORLD Today
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Staff Writer
In order to gain access to U.S. stock exchanges, blue-chip investors or university research, or to have proximity to potential partners and the world's largest drug market, more foreign companies are setting up shop on American soil.
The numbers aren't tracked, and the trend may be cyclical, but it is an issue that is concerning Europeans and one that drives states to compete for top scientists. Money is a big factor, but it's more than just access to U.S. capital markets that is behind the movement.
"It's proximity to major research universities, to other companies, to innovators and people developing the technology," said Morrie ...