A key part of Massachusetts' biotech industry is the state's financial investment in life sciences. Back in 2008, Gov. Deval Patrick signed off on a 10-year, $1 billion initiative to bolster the life sciences industry in Massachusetts.
Ten years later, the state Legislature is expected to pass a measure that would invest another $500 million in life science over the next five years. Tasked with overseeing this funding is the Massachusetts Life Sciences Center, a quasi-public investment agency dedicated to supporting life sciences in the state.
This segment aired on June 4, 2018.