During a groundbreaking event at Vertex Pharmaceuticals, the Healey-Driscoll Administration and the Massachusetts Life Sciences Center (MLSC) announced $21.4 million in tax incentive awards to 19 life sciences companies. The awards, provided through the MLSC’s Tax Incentive Program, are expected to create 1,155 new life sciences industry jobs in Massachusetts.
The MLSC’s Tax Incentive program is offered to companies engaged in life sciences research and development, commercialization, and manufacturing in Massachusetts, and provides incentives to companies of all sizes looking to expand their efforts by creating new, long-term jobs in the state. Since the MLSC’s inception, the Tax Incentive program has helped create over 18,000 jobs.
