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flag Massachusetts sees biotech recovery despite real estate surplus, boosting manufacturing in Western Mass.

flag Massachusetts faces a life sciences real estate surplus in Greater Boston, with high vacancies and stalled construction, but recent leasing activity signals cautious recovery. flag Despite declining federal funding, venture capital, and policy uncertainty, companies are still expanding, especially in Waltham and Kendall Square. flag The state is pivoting to Western Massachusetts for biomanufacturing, leveraging infrastructure and lower costs. flag The Massachusetts Life Sciences Center is leading efforts through workforce programs, the 2035 Fund, and the Bio Boost initiative to boost manufacturing and attract investment. flag While challenges remain, targeted support and strategic expansion aim to sustain the state’s global leadership in biotech.

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