Jump to content

Biotechnology industry in Boston: Difference between revisions

Add links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Nominated page for deletion using Page Curation (afd)
refs
(4 intermediate revisions by the same user not shown)
Line 4: Line 4:
<!-- End of AfD message, feel free to edit beyond this point -->
<!-- End of AfD message, feel free to edit beyond this point -->


[[Boston, MA]] is home to almost 1,000 [[biotechnology]] companies. The many universities in the area give the region a large network of scientists.<ref>http://www.businessinsider.com/whats-bostons-biotech-secret-sauce-2017-5</ref>
[[Boston, MA]] is home to almost 1,000 [[biotechnology]] companies, ranging from small start-ups to billion-dollar pharmaceutical companies. The many universities in the area give the region a large network of scientists.<ref>http://www.businessinsider.com/whats-bostons-biotech-secret-sauce-2017-5</ref> This list includes companies fulfilling the notability guidelines for a wikipedia article.

The biotechnology industry in Boston dates back to the 1970s, when genetic engineering was developing. [[Biogen]] was the first company in Boston focused on biotechnology.<ref>{{cite web|title=Clusterluck|url=https://www.economist.com/news/business/21688385-bostons-biotech-hub-surviving-challenge-silicon-valley-clusterluck|website=The Economist}}</ref><ref>{{cite web|title=How Boston Became 'The Best Place In The World' To Launch A Biotech Company|url=http://www.wbur.org/bostonomix/2017/06/19/boston-biotech-success|website=www.wbur.org|language=en}}</ref>

In 2008, the governor of Massachusetts announced the Massachusetts Life Sciences Act, promising $1 billion to further the development of the biotech industry.<ref>{{cite web|title=Life Sciences Initiative|url=http://www.mass.gov/bb/h1/fy10h1/prnt10/exec10/pbudbrief23.htm|website=www.mass.gov}}</ref><ref>{{cite web|title=Gov. Patrick and the Mass. Life Sciences Center Announce Over $100 Million in Capital Grant Funding for Projects in Western Mass.|url=https://www.umass.edu/newsoffice/article/governor-patrick-and-massachusetts-life-sciences-center-announce-over-100-million-capital|website=Office of News & Media Relations {{!}} UMass Amherst|language=en}}</ref>

The [[Kendall Square]] area of Boston holds a large concentration of the life science industry, numbering over 120 companies within a mile.<ref>{{cite web|title=Get to know Kendall Square, biotech’s booming epicenter|url=https://www.statnews.com/2016/05/05/kendall-beating-heart-biotech/|website=STAT|date=5 May 2016}}</ref><ref>{{cite web|last1=Ledford|first1=Heidi|title=Start-ups fight for a place in Boston’s biotech hub|url=http://www.nature.com/news/start-ups-fight-for-a-place-in-boston-s-biotech-hub-1.17721|website=Nature|pages=138–139|language=en|doi=10.1038/522138a|date=11 June 2015}}</ref> The [[Longwood Medical and Academic Area|Longwood area]] is about two miles from Kendall Square, and is also home to many biomedical research companies.

In 2016, venture investment in Massachusetts biopharma companies was $2.9 billion, and more than half of the biotech companies in the state receiving venture capital were located in Cambridge. When Cambridge and Boston were considered together, they received more than 80% of the funding in the state.<ref>{{cite web|url=http://files.massbio.org/file/MassBio-Industry-Snapshot-2017.pdf}}</ref> Seven teaching hospitals are located in Boston, contributing to the research efforts. Five of the top six NIH-funded independent hospitals in the United States are located in Boston.<ref>{{cite web|url=http://files.massbio.org/file/2016-MassBio-Industry-Snapshot.pdf}}</ref>


== Academic institutes ==
== Academic institutes ==

Revision as of 21:46, 11 January 2018

Boston, MA is home to almost 1,000 biotechnology companies, ranging from small start-ups to billion-dollar pharmaceutical companies. The many universities in the area give the region a large network of scientists.[1] This list includes companies fulfilling the notability guidelines for a wikipedia article.

The biotechnology industry in Boston dates back to the 1970s, when genetic engineering was developing. Biogen was the first company in Boston focused on biotechnology.[2][3]

In 2008, the governor of Massachusetts announced the Massachusetts Life Sciences Act, promising $1 billion to further the development of the biotech industry.[4][5]

The Kendall Square area of Boston holds a large concentration of the life science industry, numbering over 120 companies within a mile.[6][7] The Longwood area is about two miles from Kendall Square, and is also home to many biomedical research companies.

In 2016, venture investment in Massachusetts biopharma companies was $2.9 billion, and more than half of the biotech companies in the state receiving venture capital were located in Cambridge. When Cambridge and Boston were considered together, they received more than 80% of the funding in the state.[8] Seven teaching hospitals are located in Boston, contributing to the research efforts. Five of the top six NIH-funded independent hospitals in the United States are located in Boston.[9]

Academic institutes

Biotechnology companies

Pharmaceutical companies

Other life science companies

References

  1. ^ http://www.businessinsider.com/whats-bostons-biotech-secret-sauce-2017-5
  2. ^ "Clusterluck". The Economist.
  3. ^ "How Boston Became 'The Best Place In The World' To Launch A Biotech Company". www.wbur.org.
  4. ^ "Life Sciences Initiative". www.mass.gov.
  5. ^ "Gov. Patrick and the Mass. Life Sciences Center Announce Over $100 Million in Capital Grant Funding for Projects in Western Mass". Office of News & Media Relations | UMass Amherst.
  6. ^ "Get to know Kendall Square, biotech's booming epicenter". STAT. 5 May 2016.
  7. ^ Ledford, Heidi (11 June 2015). "Start-ups fight for a place in Boston's biotech hub". Nature. pp. 138–139. doi:10.1038/522138a.
  8. ^ http://files.massbio.org/file/MassBio-Industry-Snapshot-2017.pdf. {{cite web}}: Missing or empty |title= (help)
  9. ^ http://files.massbio.org/file/2016-MassBio-Industry-Snapshot.pdf. {{cite web}}: Missing or empty |title= (help)
Retrieved from "https://en.wikipedia.org/w/index.php?title=Biotechnology_industry_in_Boston&oldid=819894879"