Massachusetts Leads Nation in Biopharma, R&D Job Growth


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Peter Abair, executive director of the MassBioEd Foundation

CAMBRIDGE, MA—There was definitely cause for celebration here for most area football fans on Wednesday when a federal judge nullified New England Patriots superstar quarterback Tom Brady’s four-game suspension in the “Deflategate” scandal. Another piece of welcome news came from a report released by the Massachusetts Biotechnology Council that has commercial real estate brokers and investors breaking out the champagne as well.

The 2015 MassBio Industry Snapshot report provided great detail and data on the burgeoning life science and biopharma sectors growing strength in Greater Boston and particularly in Cambridge. For example, Massachusetts’s biopharma industry employment grew by 4.9% in 2014, the highest annual growth rate for the Massachusetts industry since 2008. Employment in the biopharma industry rose to 60,459 in 2014, approximately 2,800 jobs more than in 2013, based on data from the US Bureau of Labor Statistics’ Quarterly Census of Employment and Wages

Massachusetts Leads Nation in Biopharma, R&D Job Growth

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