From pharmaceuticals and medical devices to diagnostics and biotechnology, the life sciences are a cornerstone of Massachusetts' innovation economy. Massachusetts is a global leader in the life sciences, thanks to our world-class academic institutions and medical centers, our talented workforce, and our industry-sector leading companies. In 2006, the top 25 publicly traded life science companies in Massachusetts generated more than $23 billion in net revenues, and the cluster has only continued to grow. In June of 2008 Massachusetts set out to build on these strengths through the signing of the Massachusetts Life Sciences Initiative, a ten year, $1 billion package of investment resources designed to foster continued growth in the Massachusetts Life Sciences Supercluster.
The discoveries made in Massachusetts laboratories and realized, commercialized, and manufactured by Massachusetts companies save countless lives throughout the world. Representing more than 80,000 jobs, the industry has continued to grow in Massachusetts despite the national recession. Our life sciences companies are hiring, and the innovation pipeline coming out of our academic and research institutions is strong.
Life Sciences Support
The Massachusetts Life Sciences Center, the hub for Massachusetts' thriving life sciences supercluster, is charged with implementing the state's Life Sciences Initiative. The Center offers programs designed to help young people build careers in the life sciences, including:
- The Center's Internship Challenge Program enhances the talent pipeline for life sciences companies and research institutions in Massachusetts by matching students with internship opportunities. This past summer the program created 104 paid internship opportunities at 59 life sciences companies and research institutions across Massachusetts.
- New Investigator Grant Program - seeks to advance the careers of new investigators who are working on cutting-edge life sciences research at Massachusetts research institutions.
The Massachusetts Biotechnology Council is an association of more than 600 biotechnology companies, universities, academic institutions and others dedicated to advancing cutting edge research. They are the leading advocate for the Bay State's world premier life science cluster. They drive innovation by creating a forum for the biotechnology community to come together, educating the public and policy makers, influencing public policy and advancing the economic interests of individual companies, as well as the sector as a whole.
MassMEDIC is an essential organization for continued growth of the medical device industry in Massachusetts. Their mission is to implement collaborative initiatives which make Massachusetts the medical device research, development and manufacturing capital of the world.
Finding Jobs in the Life Sciences in Massachusetts
The Massachusetts biotechnology Council sponsors a thorough career page.
Other Local Networking Events
Since February 2002, BiotechTuesday has been inviting people from the Boston biotechnology community to trendy spots around town. A variety of industry professionals attend each month, including entrepreneurs, investors, attorneys, scientists, and journalists.
The Cambridge Science Festival, the first of its kind in the United States, is a celebration showcasing Cambridge as an internationally recognized leader in science, technology, engineering and math. A multifaceted, multicultural event every spring, the Cambridge Science Festival makes science accessible, interactive and fun!
Local News Sources for Life Sciences
The Massachusetts Medical Devices Journal is the online journal of the medical devices industry in the Commonwealth and New England, providing day-to-day coverage of the devices that save lives, the people behind them, and the burgeoning trends and developments within the industry.
Massachusetts Office of Business Development
10 Park Plaza, Suite 3730,
Boston, MA 02116
Main number: 617-973-8600
Fax number: 617-973-8554