Back Bay Group

Specializing in venture stage technology companies in healthcare, energy and education.

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History, Companies and Events

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:

  • Broad Institute
  • Whitehead Institute for Biomedical Research
  • Wyss Institute for Biologically Inspired Engineering
  • Mass General Research Institute

Sample Biotechnology companies

  • Abcam
  • Addgene
  • Biogen
  • Boston Scientific
  • Conagen
  • Foundation Medicine
  • Genzyme
  • ImmunoGen
  • Intarcia Therapeutics
  • Moderna Therapeutics
  • NovoBiotic Pharmaceuticals
  • pSivida
  • Sage Therapeutics
  • Thrombolytic Science International
  • Thermo Fisher Scientific
  • Vaxess Technologies

Sample Pharmaceutical companies 

  • Merck &
  • Acceleron Pharma
  • Akebia Therapeutics
  • Aderis Pharmaceuticals
  • Agios Pharmaceuticals
  • Alkermes
  • Alnylam Pharmaceuticals
  • Amgen
  • Alzheon
  • Deciphera Pharmaceuticals
  • Editas Medicine
  • Intellia Therapeutics
  • Ironwood Pharmaceuticals
  • Merrimack Pharmaceuticals
  • Novartis
  • Pfizer
  • Sanofi
  • Sarepta Therapeutics
  • Takeda Pharmaceuticals
  • Ultragenyx
  • Vertex Pharmaceuticals

Other related companies 

  • Atlas Venture
  • Cytel
  • IDDI
  • Massachusetts Biotechnology Council (MassBio)

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

Contact Us

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Ali Malihi
President & Managing Director

Back Bay Group
10 Post Office Square – Suite 1300N
Boston, MA 02109

[email protected]
+1-617-543-9730 (Boston)
+971-50-2964546 (Dubai)

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