Biotech firms go virtual: Biotech companies outsource non-core functions in "difficult, lean environment." (article)
by Helen Kaiao Chang
from San Diego News Network 25/3/2009
"San Diego biotech companies are moving towards a “virtual” model as a way to compete in the current economic downturn. The capital-intensive biotech industry has experienced a severe funding drop over the past year, as venture capitalists and private investors have pulled back."