Biotech Gap

From Redherring, this is what happens when you don't put money into research.

You fall behind in Biotech.

Given that innovation is starting to show up in other parts of the world, research being published from non US universities, and cities/countries are focusing all their energy on specific areas of research. Soon the technology and location will become synonymous. And in most cases, it won't be in the continental 48 states.

What does this mean for investors? Reach out.
And for start-ups? Now you have to keep track of what's going on in your neighborhood, state, country, and global industry.

Unfortunately this is more time and energy sucked away from fulfilling customers. But it becomes necessary as you keep growing.

Look at international sales early. Don't let them distract you, and get as
much money upfront as you can. However, it's an additional path for you to
follow. Just don't let it distract you from your core mission.

Biotech is the first, of many, technologies where the US will no longer be seen as the only innovator.