Boston and San Francisco are the leading U.S. cities in the the biotech sector, however the New York region (currently 7th) has the world’s largest concentration of academic medical centers and it graduates more life-science PhDs than any other area of the U.S. Increasingly, the city’s academic and public institutions are partnering to incubate new biotech companies, and capital is flowing into local start-ups. However the lack of management talent with industry experience which is hampering the city’s growth