News from the life sciences community north of Boston |
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What is in store for contract development and manufacturing organizations in the years ahead? Endpoints News reports on new data released yesterday from Technavio indicating that the CDMO market could reach as much as $8.65 billion by 2026. North America is poised for the largest jump with a projected 41 percent growth in the next four years, driven by the popularity of mammalian, microbial, and cell therapy services.
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Construction is underway for Molecular Loop's new 6,600 SF lab and office space at 300 TradeCenter, Woburn. The company is leveraging its technology and deep genomics expertise to accelerate innovations in life sciences and make advancements in personalized healthcare. Molecular Loop customizes targeted next-generation sequencing (NGS) solutions to deliver industry-leading workflow simplicity without sacrificing data quality.
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HepatoChem will soon expand from its North Shore InnoVentures incubator space at 100 Cummings Center in Beverly to a new office, manufacturing, and warehouse space in the same building. The company offers a unique approach to producing new chemical entities for metabolism study and drug discovery. Marc Bazin (center) is Hepatochem's founder and president.
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Real Isolates, co-founded by Andrew Westerkamp, recently expanded from 500 West Cummings Park in Woburn to a newly constructed Emerging Tech Center lab at Dunham Ridge in Beverly. The company has developed a commercially viable pyrolytic extraction method to harvest cannabinoids and terpenes from cannabis smoke. These patent-pending formulations enable a new category of oral, topical, and inhaled cannabis therapies.
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SunVax mRNA Therapeutics is one of the latest life sciences companies to join Emerging Tech Center at Dunham Ridge. (Left to right) Co-founder Libin Zhang was welcomed in an impromptu celebration with neighbors Xinyan (Cindy) Zhou and Changyun Hu of Adept Therapeutics, along with Joseph Greer, leasing associate at Cummings Properties.
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Results of an early-stage clinical trial of a protein-based COVID-19 vaccine developed by Akston Biosciences (100 Cummings Center, Beverly) were published in the medical journal Vaccine and recently featured in Forbes. The vaccine can be stored at room temperature and efficiently manufactured using existing technology.
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"An effective COVID vaccine that is transportable without cold chain and is substantially less expensive than current vaccines - with cost savings also attributable to Akston's high volume, low-cost manufacturing platform - can address many of the shortcomings that have slowed distribution and vaccine access in countries around the world."
Co-founder, President, and CEO
Akston Biosciences
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Agrivida (78E Olympia Avenue, Woburn) was honored as a 2022 RealLeaders Impact Award winner. The fourth annual ranking of top impact companies was the biggest ever with 200 winners. Agrivida is a biotechnology company leveraging its platform to improve environmental, animal, and human health. R. Michael Raab is founder and president of the company.
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Earlier this month, GreenLight Biosciences (200 Boston Avenue, Medford) announced that it began trading as Nasdaq: GRNA upon the closing of its business combination with Environmental Impact Acquisition Corp. The biotechnology company is dedicated to making ribonucleic acid (RNA) products affordable and accessible for human health and agriculture.
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"We are thrilled to accelerate commercialization by attracting talent, investing in the tools, and scaling our manufacturing infrastructure to continue developing our platform for design, development, and production of unprecedented new applications for RNA."
CEO, GreenLight Biosciences
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A foundational commitment of the Massachusetts Life Sciences Center is to enhance career exploration for the next generation of life sciences professionals and expand the talent pipeline of our Commonwealth's life sciences sector. As part of its education and workforce development efforts, the MLSC has announced that applications are now available for its Internship Challenge. The MLSC will reimburse eligible companies for pay rates up to $17 per hour for a total reimbursement of no more than $8,160 per intern at the conclusion of the internship.
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GMGI was one of 14 organizations recognized for outstanding contributions to the Bay State economy, in particular for addressing "critical challenges facing our oceans, human health and the environment through innovative scientific research and education." Read more in Gloucester Daily Times.
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Lab Opportunity in Beverly |
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Coming available April 2022, a 1,500 SF laboratory suite at 100 Cummings Center. Contact BeverlyLeasing@cummings.com or 978-922-9000 for more information. Features:
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- Ample bench work
- Two 6' fume hoods
- Chemical storage area
- Gas distribution piping
- Additional exhaust drops
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- Emergency eye wash and shower
- Separate office
- Shared utilities with neighbors
- Dedicated electrical outlets
- Sink with point-of-use acid neutralization tank
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100 Cummings Center - 1,459 SF
Suite 242-F
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MassBio Regional Mixer: Woburn. We'll be there...will you? Join MassBio for its first regional mixer of 2022 at Lord Hobo Brewery in Woburn. Appetizers and drinks will be served. All attendees are required to be fully vaccinated, and masks will be required in all common areas of the event space, except while eating or drinking. Thursday, February 17 at 5:00 PM. Register.
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Biosciences Forum Virtual Networking, presented by North Shore Technology Council. Join NSTC board members and others in the North Shore region who share a passion for, or do business with, the biosciences industry. Thursday, February 24, 5:00 - 5:45 PM. This is an informal Zoom event with no agenda except to share a virtual after-work beverage and experience a new way of networking. Register.
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Virtual Career Fair, presented by Life Science Consortium of the North Shore. Do you know a student looking for internship or entry-level career opportunities in life sciences? Encourage them to attend! Friday, March 4, from 3:00 to 5:00 PM. Register.
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SAVE THE DATE - Fireside Chat with the MassBio Leadership Team, hosted by North Shore Technology Council, Tuesday, March 29 at noon. This Biosciences Forum will feature a fireside chat between Joseph Boncore, the recently appointed CEO of MassBio; Kendall Burlin O'Connell, president of MassBio; and NSTC president Tracey Curley. The program will be held in Beverly at the Cummings Center Community Conference Room. Register.
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Have news to share? Please let us know! We are interested in company news, personnel changes, product launches, funding updates, events, and more. Contact Sue Howland, client engagement manager, at svh@cummings.com to share your news for upcoming newsletters. We look forward to hearing from you.
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