What about RTP?

If we are naming cities NYC should be included. With 8 leading medical research institutions, the second highest annual NIH funding, and a wealth of talent/capital in adjacent industries - NYC's foundation for Biotech is extremely strong.

The presence of NIH and the Federal Government apparatus alone (not to mention Johns Hopkins next door) should disprove your hypothesis.

As do facts and numbers:

http://www.fiercebiotech.com/story/top-15-cities-biotech-ven...

http://www.genengnews.com/insight-and-intelligenceand153/top...