Massachusetts biopharma hotbed shed R&D, manufacturing workers in 24 as new threats now come to the fore

6.0
来源: FiercePharma
发布时间: 2025-08-27 08:27
摘要:

Massachusetts biopharma sector is grappling with significant challenges, including a 17.1% drop in venture capital funding and a decline in NIH financial support. The state lost approximately 1,100 R&D jobs in 2024, reflecting broader industry trends. Despite these setbacks, new lab and manufacturing spaces are being developed, indicating ongoing investment in the region.

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关键证据

Massachusetts biopharma industry faces funding slowdowns and job cuts.
Venture capital investments in Massachusetts biopharmas decreased by 17.1%.
Massachusetts received 9.3% of NIH funding, but total funding fell 1.4%.

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AI评分总结

Massachusetts biopharma sector is grappling with significant challenges, including a 17.1% drop in venture capital funding and a decline in NIH financial support. The state lost approximately 1,100 R&D jobs in 2024, reflecting broader industry trends. Despite these setbacks, new lab and manufacturing spaces are being developed, indicating ongoing investment in the region.

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