EvenMargaretMellonof the Unionof Concerned Scientists, who has beencriticalofbiotechcrops, said that ifgenetically engineered algae weretoescape, "I would not lose sleep over it at all."
His latest gambit is closer to home but equally bold: turning a run-down Seattle neighborhood called South Lake Union into a center for biotech and life- science research.
Pincus was ultimately forced to look beyond Sand Hill Road for cash at Boulder-based Foundry Group, New York-based Union Square Ventures and Avalon Ventures, a firm not well-known outside of biotech circles or its San Diego headquarters.