Puerto Rico governor lures U.S. biotechs

“Gov. Anibal Acevedo Vila traveled to California on Wednesday to encourage biotechnology research companies to open branches in Puerto Rico to help the U.S. territory diversify its economy.

Acevedo Vila led a group of Puerto Rican economists and university officials on a tour of the biotechnology hub around San Francisco, the governors office said in a statement. He was scheduled to meet with members of the nonprofit trade association, BayBio, and biotech drug maker Genentech Inc. nyse. “

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