Nineteen life science companies have been awarded $21.4 million in tax incentives from the Healey-Driscoll administration and the Massachusetts Life Sciences Center (MLSC) to create 1,155 new life sciences industry jobs in the Bay State. This year, 17 out of the 19 companies receiving tax incentive awards are growing in areas outside of Boston and Cambridge.
The awards are provided through the MLSC’s Tax Incentive Program and are open to companies working in life sciences research and development, commercialization and manufacturing in Massachusetts. The program provides incentives to companies, of all sizes, looking to expand their efforts by creating new, long-term jobs in Massachusetts.
