Worcester, Massachusetts has emerged as a growing hub for life sciences and biotechnology companies:
Home to University of Massachusetts Medical School, which includes a medical school, hospital, and research programs. This produces talent and enables spin-off companies.
Worcester Polytechnic Institute provides engineering and biotech grads as well as research.
Massachusetts Biomedical Initiatives provides lab space and incubation for over 90 biotech startups in the city.
Companies like AbbVie, Baxter, and Pfizer have major facilities in Worcester, along with many smaller biotechs.
Part of the larger Boston-Cambridge cluster, providing access to venture capital, talent, and partnerships with other major biopharmas.
Lower costs of living and real estate compared to Boston and Cambridge.
Massachusetts provides a supportive biotech ecosystem through initiatives and incentives.
Centrally located in New England providing ease of transport and business connections.
Worcester has developed into a lower-cost yet well-connected satellite that takes advantage of the Boston-area resources to grow its own life sciences hub. The academic and business anchors make it a viable location, especially for startups.