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Biotech website names Minnesota as emerging leader

Industry tracking website FierceBiotech has picked Minnesota as one of five regions “stepping up with fresh ideas that have potential to breed or expand biotech clusters.”

Minnesota is emerging as a potential new leader in the biotech industry, according to a website that tracks the industry.

Minnesota is one of five regions spotlighted on FierceBiotech for “stepping up with fresh ideas that have potential to breed or expand biotech clusters.”

The article focuses on a biotech venture fund from Steven Burrill that seeks to bring a billion dollars of investment to a life science campus in Elk Run.

The effort could be a “trendsetter,” it says, and supplements the state’s existing strengths in the Mayo Clinic and University of Minnesota.