Q&A: Location, location, location…and cutthroat competition
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The war for the best and brightest life sciences minds remains a fierce fight. The ongoing demand for top research and sales talent has led to sustained wage growth and, unfortunately for life sciences companies, sustained high rents in key markets. Annual wages for employees of life sciences companies have risen 7.6 percent since 2011, with the average salary just shy of $80,000 in 2015. At the same time, lab space is scarce and expensive in places such as San Francisco and Cambridge, Massachus...
