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New Mexico’s Biotechnology Sector Ready for Major Expansion with More Investment

Albuquerque, NM – August 13, 2013 New Mexico’s thriving biotechnology companies continue to grow at a healthy pace. A convergence of several factors have come together to create an active cluster of biotech start-ups: lots of new technologies coming from UNM and the labs, an active community of experienced entrepreneurs who see the commercial opportunities to bring innovative products to consumers, and a local base of individual investors who have stimulated the growth. But more capital investment on a bigger scale is what’s needed to transform the cluster into an established industry in the state. For a thorough analysis of the issues and players, see Dan Mayfield’s article, “An Outbreak of Innovation,” linked below, from the August 2 edition of Albuquerque Business First.

An outbreak of innovation

Source: Albuquerque Business First


For more information, contact:

Dan Mayfield
(505) 348-8308