Tags: Venture capital

Massachusetts adds smallest number of biotech jobs since 2017, says report

Massachusetts adds smallest number of biotech jobs since 2017, says report

By Hannah Green Last year, Massachusetts’ life sciences industry saw its slowest job growth since 2017 as the industry faced economic headwinds.  The Bay State’s biopharma workforce consisted of 116,937 employees in 2023, according to the latest “Industry Snapshot” report put out by the Massachusetts Biotechnology Council, or MassBio, on Tuesday. The trade group found that […]

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Life sciences VC funding rebounds in 2024. But in Mass., it’s not so rosy.

Life sciences VC funding rebounds in 2024. But in Mass., it’s not so rosy.

By Hannah Green Venture capital funding to life sciences companies appears to be rebounding nationally after a few down years, according to new data from Pitchbook and the National Venture Capital Association. But that’s not the case among Massachusetts life sciences companies.  Nationally, life sciences companies brought in $19.3 billion in the first six months of 2024. Last […]

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