PhDs Can’t Find Work as Boston’s Biotech Engine Sputters

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The Wall Street Journal reports that Boston’s once-booming biotech sector has hit a sharp downturn, leaving newly minted Ph.D.s struggling to find work as venture funding dries up, lab space sits empty, and companies downsize or relocate amid rising costs and policy uncertainty. The Wall Street Journal reports: Boston’s biotech sector, long a vital economic engine for one of America’s wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and…



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PhDs Can’t Find Work as Boston’s Biotech Engine Sputters


The Wall Street Journal reports that Boston’s once-booming biotech sector has hit a sharp downturn, leaving newly minted Ph.D.s struggling to find work as venture funding dries up, lab space sits empty, and companies downsize or relocate amid rising costs and policy uncertainty. The Wall Street Journal reports: Boston’s biotech sector, long a vital economic engine for one of America’s wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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