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Local Biotechs Feeling Impact of Down Economy

Audio

Aired 4/20/09

Maureen Cavanaugh: Just because you're developing the medical miracles of the future, doesn't mean you won't be hurt by the economic downturns of today. That's a lesson many businesses in San Diego's biotech industry are learning. The need for medical breakthroughs hasn't decreased, but the amount of money people are willing to invest in those advances has fallen off considerably.

As part of the KPBS series Rough Water: Navigating San Diego's Economy , a very familiar voice returns to These Days . KPBS investigative health reporter, and the former host of this show, Tom Fudge is here today to discuss the struggles and successes of the local biotech industry.

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