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California biotechs opposing state shareholder lawsuit proposal (Prop. 211).

Executive Summary

CALIFORNIA HEALTHCARE INSTITUTE PROPOSITION 211 SURVEY contends that 49.6% of biotech companies would move jobs out of California if the ballot measure is approved by voters in November. The October survey, which was mailed to 928 California firms and received 136 responses, reports that 21% of firms would be "very likely" to relocate if Prop. 211 passes.



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