The biotechnology industry in Boston dates back to the 1970s, when genetic engineering was developing. Biogen was the first company in Boston focused on biotechnology.[6][7]
In 2008, the governor of Massachusetts announced the Massachusetts Life Sciences Act, promising $1 billion to further the development of the biotech industry.[8][9] Massachusetts is among the top states for biotech jobs.[10]
In 2016, venture investment in Massachusetts biopharma companies was $2.9 billion, and more than half of the biotech companies in the state receiving venture capital were located in Cambridge. When Cambridge and Boston were considered together, they received more than 80% of the funding in the state.[11] Seven teaching hospitals are located in Boston, contributing to the research efforts. Five of the top six NIH-funded independent hospitals in the United States are located in Boston.[12]
The Broad Institute is located in the life sciences hub of Kendall Square. Others are listed below:
Please see list of references and footnotes*
Targeted Events:
Mass Biotechnology Council: Massachusetts Biotechnology Council (MassBio) Boston Biotech Forum: Boston Biotech Forum – About Us
Greentown Labs Forums: www.Greentownlbs.com Mass Challenge Forums: MassChallenge BioWorld: Conferences | BioWorld
PEGS Boston Summit: PEGS Boston Summit | May 2-6, 2022 | Boston & Virtual (pegsummit.com)
The Life Sciences Leaders Forum: www.lslf.ch
Informa Forum and Events in Boston: www.informa.com