MassBio Industry Snapshot Predicts 40,000 New Biopharma Jobs Over the Next 10 Years

A report from the Massachusetts Biotechnology Council highlights the state of the industry in Massachusetts, including surging employment and projected launch of new companies and additional lab space in the state. Over the past 15 years, Massachusetts has seen a 92% increase in biopharma employment, MassBio said in its latest industry snapshot. When breaking down the job growth by sector, research and development (R&D) jobs in Massachusetts grew at a rate of 8.5% and manufacturing jobs grew at 3.7%.