March 2, 2018

Experts say higher ed, business must work together to solve student debt

Higher education and business leaders must work together if they’re going to solve the problem of rising costs for college and student debt, a panel of experts said Tuesday morning.

Travis McCready, the president and CEO of the Massachusetts Life Sciences Center, said colleges can — and must — do more to connect students with job opportunities in the local biotech industry, where annual salaries often run in the six figures.

Read the article on the Boston Business Journal here

March 2, 2018

Local Startup Has Big Plan for Farming

Travis McCready, President & CEO of the Massachusetts Life Sciences Center, discusses how Indigo AG is using biotech to produce greater yields in agriculture.

To watch the video click here

February 16, 2018

Life sciences leaders grapple with growth, workforce

LakePharma, Inc. is the latest company to join the region’s biotech industry, all while state and business officials push for a robust workforce to keep the momentum going – and attract new businesses.

On Monday, the San Francisco company announced it will open a 69,000-square foot biomanufacturing building on South Street in Hopkinton. The company plans to add approximately 100 jobs at the center by 2020.

“Hopkinton is in close proximity to Cambridge/Boston, where we have a large cluster of clients, and we believe that this facility will increase our ability to serve their product development and manufacturing needs,” said Hua Tu, LakePharma’s CEO, in a statement.

The news comes as dozens of state and businesses officials gathered Thursday afternoon at Sunovion’s global headquarters in Marlborough to hear the latest update prepared by the 495/MetroWest Partnership on the life sciences industry. Life sciences is the second largest industry in the state behind information technology, according to the report.

Read the article here.

December 5, 2017

Getting More Women Involved in Life Sciences

MLSC President & CEO Travis McCready, joined necn to discuss women in the life sciences. McCready discussed the launch of the Massachusetts Next Generation Initiative, and how the Center is aiming to be an agent of change to improve gender diversity in the industry.

For more information on the MassNextGen Initiative, visit the program page here.

December 4, 2017

University of Massachusetts chancellors say life sciences funding is a ‘lynchpin and a lifeline’

With more and more students studying in life sciences fields, chancellors in the University of Massachusetts system are telling state legislators they need the funding to compete for talented students and then keep them in Massachusetts after graduation.

That’s why the chancellors gathered to show “unified support” of a bill that will continue state investments in the life sciences in front of members of the Joint Committee on Economic Development and Emerging Technologies on Thursday.

Read the full article on MassLive

November 10, 2017

Boston Business Journal: Takeda, state officials unveil $1M initiative backing women entrepreneurs

The Massachusetts Life Sciences Center (MLSC) Friday announced the launch of the Massachusetts Next Generation Initiative to attempt to narrow the industry’s gender diversity gap by offering financing and other support to women entrepreneurs. The program was unveiled at Takeda’s Kendall Square office. The company’s CEO, Christophe Weber, and Gov. Charlie Baker were both in attendance to announce the program and Takeda’s generous support of it. 

Read the full BBJ article by Max Stendahl here. 

November 10, 2017

WBUR: New $1 Million Initiative Aims To Boost Women In Biotech

Women are underrepresented in the life sciences industry. Now, a new program is trying to change that by supporting biotech startups led by women. on Friday, the Massachusetts Life Sciences Center with Governor Charlie Baker launched Massachusetts Next Generation Initiative (MassNextGen) — a five-year initiative that will fund and support early stage biotech companies run by women, with signifcant support from anchor sponsor, Takeda.

Read the full WBUR article by Zeninjor Enwemeka here.

September 26, 2017

Massachusetts Life Sciences Center Receives Excellence in Economic Development Award

The Massachusetts Life Sciences Center won a Gold Excellence in Economic Development Award for Internship Challenge Program, a project in the category of Human Capital of the International Economic Development Council (IEDC). The honor was presented at an awards ceremony on Tuesday, Sept. 19, during the IEDC Annual Conference in Toronto, Ontario, Canada.

Read the full press release here.

September 7, 2017

Arch Therapeutics and Massachusetts Life Sciences Center Hold Repayment Ceremony

The Massachusetts Life Sciences Center and Framingham-based Arch Therapeutics, Inc. celebrated the repayment of a $1,000,000 loan provided to Arch through the MLSC’s Accelerator Loan in 2012.  Arch Therapeutics’ CEO Terrence W. Norchi, MD and CFO Rick Davis presented the ceremonial check to MLSC Board Member Pam Randhawa and State Representative Chris Walsh.

Read the press release here.

Arch Repayment

June 28, 2017

Massachusetts Life Sciences Center Awards First Round of Massachusetts Ramp Up Grants

The Massachusetts Life Sciences Center (MLSC) announced more than $1.6 million in awards to seven life sciences companies through the first-round of the Massachusetts Ramp-Up Program (MassRamp). MassRamp is a new program that will provide grant funding to promising early-stage life sciences companies. The awards – designed to help bridge the funding gaps associated with the long life sciences R&D cycle, and the high cost of translating research into commercially viable products – were approved by the Board of Directors of the MLSC.

Read the press release here.

June 19, 2017

Baker-Polito Administration Proposes Life Sciences Initiative

The Baker-Polito Administration today announced a legislative proposal to bolster Massachusetts’ leadership in the life sciences sector, which would provide up to $500 million over five years for strategic investments in public infrastructure, research and development, workforce training and education, including up to $295 million in capital authorization and up to $150 million job-creating tax incentives. The funding will continue to be managed by the Massachusetts Life Sciences Center (MLSC), which is co-chaired by Administration and Finance Secretary Kristen Lepore and Housing and Economic Development Secretary Jay Ash.

“We are committed to supporting the public-private partnerships and strategic investments that have made Massachusetts a global leader in the life sciences, research, development and medical advancements,” said Governor Charlie Baker. “This proposal empowers the Commonwealth and the Massachusetts Life Sciences Center to continue that success, attracting world-class companies in innovation and technology, giving researchers the best available tools and educational environment, training our workforce and providing successful careers here in Massachusetts.”

Read the press release here.

May 18, 2017

Life Sciences High School Apprenticeship Training Program Graduates Greater Boston and Worcester-area Students

The Massachusetts Life Sciences Center (MLSC) and the BioBuilder Educational Foundation (BioBuilder) held their graduation ceremonies for the High School Apprenticeship Challenge Lab Training Program at Worcester Technical High School and LabCentral in Cambridge this week43 students from Greater Boston and Worcester-area public schools successfully completed an eight-week lab training program designed to prepare them for summer internships. The training was funded through a $400,000 investment by the MLSC, which will also subsidize around 100 paid internship opportunities.

Read the press release here.

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May 16, 2017

Baker-Polito Administration Celebrates More than $18 Million in Capital Infrastructure Grants to Research Institutions in Boston

President & CEO of the Massachusetts Life Sciences Center (MLSC) Travis McCready joined leaders from Harvard Medical School, The Harvard T.H. Chan School of Public Health, The Institute for Protein Innovation and Dana-Farber Cancer Institute to celebrate more than $18 million in Capital Infrastructure grant funding for Boston area research institutions. The MLSC grants will advance the Baker-Polito Administration’s commitment to build a highly trained workforce and seed job creation in regions across Massachusetts. McCready highlighted the grant awards at a ceremony at Harvard Medical School in Boston which received a grant of more than $4.3 million.

Read the press release here.

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From Left to Right: Harvard Medical School Dean George Q. Daley M.D, Ph.D.,, Harvard T.H. Chan School of Public Health Dean Michelle Williams, Tim Springer, Ph.D., MLSC President & CEO Travis McCready, Peter Sorger, Ph.D., Jerome Ritz, MD, and Rich Boyajian celebrate the more than $18 million awarded to Boston area research institutions at Harvard Medical School.
April 12, 2017

Baker-Polito Administration Awards Job Creation Incentives to 22 Life Science Companies

Today, the Baker-Polito Administration announced more than $19 million in Massachusetts Life Sciences Center tax incentive awards, to 22 life sciences companies from across Massachusetts. The tax incentive awards will create 1,276 new jobs in the Commonwealth in 2017, and support life sciences job growth in 13 Massachusetts cities and towns. Nearly three-quarters of this year’s awardees are located outside of Boston and Cambridge. The awards were approved today by the Board of Directors of the Massachusetts Life Sciences Center (MLSC).

Read the press release here.

April 10, 2017

Baker-Polito Administration Celebrates More than $6 Million in Workforce and STEM Grants to Educational Institutions in Merrimack Valley Region

President & CEO of the Massachusetts Life Sciences Center (MLSC) Travis McCready joined leaders from Merrimack College and representatives from other local educational institutions to celebrate more than $6 million in STEM Equipment and Capital Infrastructure grant funding for regional workforce development and STEM education projects in the Merrimack Valley. The MLSC grants will advance the Baker-Polito Administration’s commitment to build a highly trained workforce and seed job creation in regions across Massachusetts.

Read the press release here.

Merrimack Group

MLSC grant awardees join alums, students and administrators from Merrimack College to celebrate more than $6 million in capital grant awards for life sciences training facilities at colleges, high schools and middle schools in the Merrimack Valley.

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