Beantown Biotech: ‘Dominant Life Sciences Cluster’

Business of Biotech

Massachusetts’ Secretary of Housing and Economic Development, Greg Bialecki, was quoted in today’s Boston Herald as saying: “We are the dominant life sciences cluster in the world,” Greg Bialecki said, “and I don’t think that was an accident.”

Thanks to the Gov. Deval Patrick administration’s support for bioscience economic development, his state has continued to grow and add biotech industry jobs as an economic engine.

Boston’s  biopharm industry is comprised of more than 500 companies and 49,000+ employees, a twenty percent increase since 2007. Massachusetts now holds the distinct honor of being home to the greatest number and concentration of biotechnology research employees in the nation.

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