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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. In San Antonio, Medtronic located a major expansion of its diabetes division, while Becton, Dickinson & Co. Texas also has a well-earned reputation as the best state in the U.S. to do business.

Texas 45
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COVER STORY: Global Biotech Report

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The federal government and the European Union provide additional double-figure million Euro funding. Next to this, a number of Bavarian biotech companies receive grants by the European Union for their research and development projects. One recent investment was made by the biopharmaceutical company Union Chimique Belge (UCB).

Florida 63