Is California’s life science industry in danger of losing its luster?
Biotechnology and pharmaceutical companies based in California finished 2007 with a 17-percent increase in revenue, to a combined $72.83 billion.
In addition, the industry created 7,000 new jobs during the year — a 2.7-percent rise, to 268,000, from a year ago — and the $71,300 average salary it paid its employees last year was 61 percent higher than the $44,180 average for all other occupations in the state.

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