Tax incentive awards totaling $21.4 million are expected to create 1,155 new life sciences jobs in Massachusetts at companies including Moderna and Vertex Pharmaceuticals, who’ll each receive over $5 million to add at least 300 positions.
Moderna received the largest tax incentive award: $6,037,500 to create 345 jobs, with most, if not all, of those located in Norwood, where the pharma has a 200,000-square-foot mRNA clinical manufacturing facility.
Vertex received the second-largest tax incentive award: $5,250,000 to add 300 positions in Boston. The company’s new tax incentive award–funded jobs will include manufacturing and research positions.
These awards are part of the MLSC Tax Incentive program, which provides incentives to companies, of all sizes, looking to expand their efforts by creating new, long-term jobs in Massachusetts.
