Massachusetts is home to leading academic medical centers, universities, early and emerging biotech companies, 18 of the top 20 global biopharma companies and strong investors. Combined with an immense talent pool and a unique partnership with government, Massachusetts is the best place in the world for the biotech industry.
With estimates of an additional 20 million square feet of new lab and biomanufacturing space opening in the coming years, MassBio sees significant opportunity for municipalities to develop their own biotech mini clusters. The goal of this document is to help community officials within Massachusetts better understand the biotechnology industry, how biotech facilities operate, and what leaders can do to best position their community for successful biotech development.