Welcome to the latest Cummings Life Sciences Update.
As Kirsner notes, all three COVID-19 vaccines approved for emergency use here in the U.S. have ties to Boston. Important new drugs are in development, venture capital and equity funding for the health sciences industry is on a roll, and the local area market is still red hot for lab space.
Cummings continues to be a commercial real estate leader in the north suburbs, particularly with the growth of our Dunham Ridge campus in Beverly. Scientific and medical advances happening within Cummings campuses include breakthrough work in the areas of SARS-CoV-2 virus vaccines, genetic therapies, specialty pharmacy and pharmacy genomics, biomedical devices and hardware, and more.
Read on for the latest news from our clients and the industry.
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Cambridge Polymer Group Inc. (100 TradeCenter, Woburn) provides contract research laboratory services ranging from routine analytical testing to new product research and development. The company expects to relocate from its Charlestown facility to its brand new 17,000-square-foot TradeCenter 128, Woburn facility this summer. President Stephen Spiegelberg has a B.Sc. in Chemical Engineering from University of Wisconsin-Madison and a Ph.D. in Chemical Engineering from MIT, and is a longtime Winchester resident.
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Continuus Pharmaceuticals has just added a second Woburn location at West Cummings Park to complement its existing space at 25 Olympia Avenue. This new 4,000-square-foot lab and cleanroom was designed and completed by Cummings’ in-house team. Continuus is a spin-out company from a multi-year collaboration between MIT and Novartis on "Continuous Manufacturing." The company secured a $69.3 million government contract earlier this year to manufacture critical medicines in the U.S. Salvatore Mascia is founder and CEO.
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MarvelBiome, Inc. (8 Cabot Road, Woburn), a biopharmaceutical company with a vision of harnessing the power of microbes for treating various human diseases, is a new addition to the Cabot Road roster of life science firms. The company is focused on isolating, identifying, and characterizing microbial populations for novel therapeutic applications. Company founders include J. Amaranath Govindan, Ph.D., president and CSO (right), and Elam Jayamani, Ph.D., chief technology officer.
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200 Boston Avenue, Medford |
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Cummings is pleased to present two large lab-capable suites at 200 Boston Avenue, ideal for R&D, light manufacturing, and research use. Located near Tufts, and just off I-93, they are also and easily accessible by public transportation. These open floor plans are available for build-to-suit customization with the support of our in-house design and construction teams. Suites range from 10,200 - 25,000 SF. Learn more.
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Existing clients can support the growth of fellow scientists or entrepreneurs, and earn a significant bonus, by referring a new leasing client to Cummings. In addition to lab and office suites, the 11 million-square-foot very local Cummings portfolio includes flex, medical, retail, and R&D space.
Our client referral program offers a bonus of $1 per square foot, with a minimum bonus of $1,000. Contact your account manager to learn more or to share a referral. Learn more about the program and submit a referral online.
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Many Cummings clients serve broad spectrums of the scientific community. Just a few are featured below, and others can be found at our client directory.
Advanced Microscopy Techniques (AMT) (242 West Cummings Park, Woburn) designs and manufactures digital camera imaging systems for transmission electron microscopy (TEM). AMT offers a complete line of digital imaging capabilities from 4- to 43-megapixel formats.
Hettich Instruments (100 Cummings Center, Beverly) is the North American office for Andreas Hettich, headquartered in Germany. Hettich is an industry-leading laboratory equipment manufacturer, known for its high-quality line of centrifuges and incubators.
Kuhner Shaker (165-E New Boston Street, Woburn) is a leading developer and manufacturer of shaking machines for the international market. Kuhner shakers are suitable for the cultivation of microbial, plant, human, and animal cell cultures.
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Pictured in group photo: Massachusetts State Senator Joan Lovely, Ilsley, Turner, Beverly Mayor Mike Cahill, and Legislative Aide Liam Cahill.
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"I have to say if you are looking to experience the diversity of strengths in our life science ecosystem, look no further than the North Shore. Upwards of 270 companies have found a home in this thriving region."
Kenn Turner
President and CEO
Massachusetts Life Sciences Center
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Venture Summit Virtual Connect | Global - Matchmaking and networking for startups, strategic partners, and investors. July 6-8. Read more.
MassBio Policymakers Live: Virtual Briefing with Representative William Driscoll - Tuesday, July 20, at 1:00 PM. Register.
MALSI+2021 The Hub at Warp Speed: From Lab to Jab to Beyond is the Commonwealth's flagship event connecting scientific innovators, entrepreneurs, business leaders, and investors to celebrate the many ways Massachusetts leads the nation in bringing translational science to market. July 22. Register.
BIOTECH IN BOSTON: Leading the Way in Life Sciences, a virtual event on biotech and life sciences in Boston presented by Boston Business Journal - Wednesday, August 11, 9:00 - 11:00 AM. Register.
Biotech Week Boston - September 20 - 30. A hybrid event, both digital and at Boston Convention & Exhibition Center. Learn more.
Save the Date:
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The company raised more than $1 million from a single investor as part of an equity offering worth $11,793,283.
Akston, a developer of new classes of biologic therapeutics, announced in April that the first participants have been dosed in a trial of AKS-452, its COVID-19 vaccine candidate.
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Greg Altman (top left), CEO and co-founder of sustainable green chemistry company Evolved by Nature (196 Boston Avenue, Medford), joined other executives discussing clean beauty at the first-ever Vogue Business Sustainability Forum. As a biotechnology company, Evolved by Nature looks to create healthier alternatives to fossil fuel-derived materials.
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Bill Cummings
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Happy summer everyone!
Recently I had the opportunity to visit our Dunham Ridge campus along with some colleagues from the Cummings operations and leasing departments. Here we are at the brand new, almost complete 154,000 SF 51 Dunham Road building. The space features high ceilings and beautiful views of the surrounding natural landscape.
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We hope readers are enjoying an insider's view of developments at Cummings and updates on the life science activity from our campuses and beyond. We want this newsletter to be an informative resource for all. Please share feedback on what you'd like to hear more about.
Sue Howland, Client Engagement Manager
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Have news to share? Please let us know!
We are interested in company news, new hires, product launches, funding updates, events, and more. Contact me at svh@cummings.com to share your news for upcoming newsletters. We look forward to hearing from you.
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