As the dust from the dot-com Internet boom begins to clear, service providers are ready to usher in the new business trend in town. Now that the Internet start-up ventures have collapsed, lawyers, accountants and consultants are turning to the biotechnology industry where companies have shown profits, where the federal government has increased funding for research, and where a market for medicine will be ripe as baby boomers grow older. To meet the biotech industry’s prospective stars, service providers are attending and sponsoring local biotech functions where they can make crucial business connections.
See "All Aboard the Biotech Bandwagon", Terence Chea, The Washington Post, June 27, 2001