Report: Strong Life Sciences Industry in California Could Be Curtailed By High Housing Costs

The life science industry in California remains robust, with more than 360,000 jobs in biotechnology, medical devices and diagnostics – but the soaring cost of real estate may impact its future ability to compete, according to a new study.

The joint study by the Biocom Institute and the California Life Sciences Institute looked at nearly 10,000 life science job postings across the state, surveyed nearly 120 human resource managers and interviewed more than 40 leading life science executives.