Interestingly strategy. Rather than growing their biotech industry organically, Nevada is looking to entice companies to move to Nevada. Sure, taxes in Nevada are minimal compared to New Jersey, but how many companies/ entrepreneurs and their families are going to want to make the move? Where is the safety net for failed entrepreneurs? Do they then become blackjack dealers?
Las Vegas Targets States' Biotech Firms
Competition among states for biotech companies with high-paying jobs appears to have reached a new level, with Las Vegas targeting other states _ first California and now New Jersey _ in the high-stakes battle for up-and-coming companies.
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