Mass effect: The Boston region has become a hotbed for life-science jobs, thanks to a constant push to meld research and industry

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By Neil Savage | Nature Governments have long thought that if they could lure a multibillion dollar company to their area, smaller firms would grow up around it to provide goods and services, thereby creating jobs. A car manufacturer, for instance, would need parts and materials suppliers. But the experience of Massachusetts and its booming life-sciences […]

Local control on the line amid Biogen takeover speculation

bGlobe

By Robert Weisman | The Boston Globe It’s happened before. For many in the Massachusetts biotech community, the buyout buzz surrounding Biogen Inc. has revived vivid memories of other homegrown heavyweights, notably Genzyme Corp. and Millennium Pharmaceuticals Inc., being snapped up by out-of-state pharmaceutical giants. A purchase of Biogen — which was approached by Merck & […]

Massachusetts bet $1 billion on life sciences: Its new governor is rethinking that strategy

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By REBECCA ROBBINS, STAT Massachusetts officials are holding up tens of millions of dollars in funding for infrastructure projects aimed at boosting the booming life sciences sector in the state. The state has doled out an average of more than $50 million annually over the past seven years to support projects like a powerful next-generation microscope at the University […]

Massachusetts’ Big Bet on Biotech Pays Off

Bloomberg

By Doni Bloomfield Last year the tenants of a single glass-and-steel building in Cambridge, Mass., raised $201 million in seed stage venture capital funding, more than the entire Swiss life-science and biotech industry. The building houses LabCentral, an incubator for biotech startups that opened in November 2013, renting space to would-be entrepreneurs. LabCentral was the brainchild of a […]

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