In the late 90s and early 2000 many biotechnology startup started blooming up in New jersey, Massachusetts, Seattle, Bay area and in southern California in United States, likewise the same trend was observed in Europe in Germany, Denmark, Sweden, Belgium, Copenhagen and Cambridge area in United kingdom....at that time human genome sequencing was at peak and every where around the world Biotechnology was talk of globe, it was said that Biotechnology was going to be the next boom.......The question which arise in my mind is did this boom ever happened? Out of the 100 startups at that time, how many are still there or at the verge of existence......For most they had venture and angle investor backup but after 2005 those sources either backed off or they went into bankruptcy.....So now the only mantra of survival for these firms is to have their own money and stand alone in this not so happening biotechnology boom.......How many companies like this are existing or rather surviving?
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