Industry Report Shows Biotech Fueling Massachusetts Jobs, VC Dollars

Massachusetts continues to outpace other states and countries for biotechnology industry growth and investment, according to an annual industry report produced by MassBio. Biopharma industry employment topped 48,000 in 2010, and Massachusetts biotech companies received an all-time high share of venture capital investment last year, the report shows. The report, the 2011 MassBio Biotechnology Industry Snapshot, will be presented at a meeting of the Jobs Creation Commission tomorrow.

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