Massachusetts Hopes to Become the Center of the Life Sciences Industry
The largest biotechnology and life sciences convention in history is currently underway in Boston. The BIO International Conference has gathered over 20,000 people from all over the world and brought them to Boston, currently one of the centers of biotechnology.
On Tuesday, Governor Deval Patrick spoke to attendees. Right away, he spoke specifically how Massachusetts had failed to keep cutting age businesses in the past and how his administration is going to change that. In the early days of computer technology, Massachusetts and Greater Boston was widely considered the information technology capital of the country in the days before Silicon Valley had any meaning. Greater Boston became the early hot-bed due to its large number of research schools, which attracted tens of thousands of young people each year. This title was to be short-lived as the state failed to nurture this growing economic opportunity and California offered significant economic incentives moving much of the companies and talent west. Massachusetts watched as thousands of young brilliant minds educated in Massachusetts left the state to build California's massive information technology industry.
Deval Patrick spoke directly about avoiding this again, and how if the State properly supports the emerging "life sciences" field Massachusetts and by better utilizing the state's unique educational resources, offering incentives, and developing its own unique plans to attract businesses; Massachusetts could once more become a national leader. Deval pledged 1 billion dollars over ten years to support the industry's growth in Massachusetts and the state announced plans to build the nation's first and largest Stem Cell repository, with companies and schools accross the commonwealth already dedicated to donating their Stem Cell lines. The stem cells would be available to public and private researchers, representing a large departure from other repositories around the globe and also the first to be owned by the public.
Say what you will about Deval but this guy has kept very busy and largely is doing good progressive (and logical) things in Massachusetts. He's brought a lot of well-needed change to Massachusetts and introduced a lot of very creative plans to make Massachusetts a better place. But much of his work has been dedicated Massachusetts a better place for businesses, which Massachusetts needs to do to stay competitive. But I'd also really like him to address the cost of living issues a bit more directly. But I suppose with all his work on making the Commonwealth's economy stronger and keeping the state as a whole competitive is a good place to start. But I hope he doesn't forget some of the underlying problems that will still remain even with a stronger, more diverse economy.
Curious? Read more at Google News.
On Tuesday, Governor Deval Patrick spoke to attendees. Right away, he spoke specifically how Massachusetts had failed to keep cutting age businesses in the past and how his administration is going to change that. In the early days of computer technology, Massachusetts and Greater Boston was widely considered the information technology capital of the country in the days before Silicon Valley had any meaning. Greater Boston became the early hot-bed due to its large number of research schools, which attracted tens of thousands of young people each year. This title was to be short-lived as the state failed to nurture this growing economic opportunity and California offered significant economic incentives moving much of the companies and talent west. Massachusetts watched as thousands of young brilliant minds educated in Massachusetts left the state to build California's massive information technology industry.
Deval Patrick spoke directly about avoiding this again, and how if the State properly supports the emerging "life sciences" field Massachusetts and by better utilizing the state's unique educational resources, offering incentives, and developing its own unique plans to attract businesses; Massachusetts could once more become a national leader. Deval pledged 1 billion dollars over ten years to support the industry's growth in Massachusetts and the state announced plans to build the nation's first and largest Stem Cell repository, with companies and schools accross the commonwealth already dedicated to donating their Stem Cell lines. The stem cells would be available to public and private researchers, representing a large departure from other repositories around the globe and also the first to be owned by the public.
Say what you will about Deval but this guy has kept very busy and largely is doing good progressive (and logical) things in Massachusetts. He's brought a lot of well-needed change to Massachusetts and introduced a lot of very creative plans to make Massachusetts a better place. But much of his work has been dedicated Massachusetts a better place for businesses, which Massachusetts needs to do to stay competitive. But I'd also really like him to address the cost of living issues a bit more directly. But I suppose with all his work on making the Commonwealth's economy stronger and keeping the state as a whole competitive is a good place to start. But I hope he doesn't forget some of the underlying problems that will still remain even with a stronger, more diverse economy.
Curious? Read more at Google News.