Bio Science Site Selection Strategies
Facility investment in the life sciences sector is one of the most sought after “prizes” in the business location arena. This headline could have been written fifteen years ago, five years ago or today. What differs now are several simultaneous and interrelated trends which are rapidly transforming the business of the life sciences, and are influencing where job creation and capital investments occur. These include: • The convergence of core technologies that spawn bio-sciences innovation. • Changes in the business operating models that manage the research/discovery to commercialization process. • The increasingly tightening interdependency and specialization of the health and patient care industry with the life sciences industry. • This article highlights the importance of workplace geography and the process of location selection in light of these core trends and how ‘place’ decisions apply across the life sciences. more....