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Massachusetts Reveals 2020 Vision; Who's Cutting Jobs? Who's Hiring?


4/11/2014 7:29:44 AM

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Massachusetts’ biopharma cluster is among the world’s biggest and best with more than 56,000 jobs, universities like Harvard and MIT, and a rich heritage stretching from Genzyme’s founding in 1981. But with growing competition for jobs, especially from Asia, Bay State industry advocates unveiled a strategy for keeping their region top-tier into 2020 and beyond, in a report released April 3 by the Massachusetts Biotechnology Council (MassBio). Impact 2020 recommends Massachusetts step up economic incentives—particularly to businesses that can mature into large “anchor” companies—and build industry segments beyond R&D, such as biomanufacturing and life sciences IT.

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