CHICAGO–(BUSINESS WIRE)–Portal Innovations today announced the release of Biotech’s Next Frontier: Emerging Hubs Built for Efficiency and Outsized Returns, a new analysis developed by its venture team examining a decade of financing, clinical development, and exit data across the U.S. biotechnology industry. Drawing on data covering more than 11,000 life sciences companies and nearly 30,000 financing deals from 2015 through 2025, the analysis compares established biotech hubs in California an