{"id":235409,"date":"2017-08-18T02:00:03","date_gmt":"2017-08-18T06:00:03","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/life-science-investment-paying-dividends-the-recorder.php"},"modified":"2017-08-18T02:00:03","modified_gmt":"2017-08-18T06:00:03","slug":"life-science-investment-paying-dividends-the-recorder","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/stem-cell-therapy\/life-science-investment-paying-dividends-the-recorder.php","title":{"rendered":"Life Science investment paying dividends &#8211; The Recorder"},"content":{"rendered":"<p><p>    BOSTON (AP)  In his offices at Boston Childrens Hospital,    Leonard Zon is busily developing cutting-edge stem cell    therapies surrounded by fellow researchers, lab equipment and    300,000 striped, transparent zebrafish.  <\/p>\n<p>    Zons lab  and the zebrafish  are the results of an    initiative begun nearly a decade ago to make Massachusetts one    of the countrys premier life sciences incubators.  <\/p>\n<p>    That 2008 initiative, signed by former Democratic Gov. Deval    Patrick, committed Massachusetts to spending $1 billion over 10    years to jump-start the life sciences sector  attracting the    best minds, research facilities and the venture capital    funding.  <\/p>\n<p>    By most yardsticks, Patricks gamble has paid off.    Massachusetts, and the greater Boston area in particular, are    now seen as a top life sciences hub.  <\/p>\n<p>    For Zon, and other life sciences leaders, the support has been    transformative.  <\/p>\n<p>    In 2013, the Massachusetts Life Sciences Center, which is    charged with disbursing the funds, awarded a $4 million grant    to Childrens Hospital to help establish the Childrens Center    for Cell Therapy. Some of the money went toward replacing the    original aquaculture facilities at Zons lab with    state-of-the-art systems.  <\/p>\n<p>    Zon said the changes helped him pursue stem cell therapies     taking tissues grown from stem cells aimed at thwarting    specific diseases and transplanting them into a diseased organ.    Zon said his lab helped develop a drug for treating a blood    disease known as Diamond Blackfan anemia in part by developing    zebrafish models of the disease.  <\/p>\n<p>    Massachusetts is the best place in the world for    biotechnology, he said. Its been life-changing for us.  <\/p>\n<p>    Zons experience isnt unique.  <\/p>\n<p>    NxStage Medical, Inc., a medical technology company founded in    1998 in Lawrence focused on end-stage renal disease and acute    kidney failure, received nearly $1.8 million in tax incentives    through the program. In 2013, Woburn-based Bio2 Technologies    received $1 million in loan financing, helping it develop bone    graft substitute implants.  <\/p>\n<p>    The states reputation as a magnet for life sciences also can    be seen in the surge of construction in Boston and Cambridge,    particularly around the Kendall Square area, where glass-lined    office and research buildings have sprouted.  <\/p>\n<p>    Travis McCready, CEO of the Massachusetts Life Sciences Center,    also pointed to the influx of grant money from the National    Institutes of Health and funds from world-class academic and    research institutions.  <\/p>\n<p>    By pretty much any measure we are considered the leading life    sciences ecosystem in the U.S., and among the leading    ecosystems in the world, McCready said.  <\/p>\n<p>    McCready said the 2008 initiative helped create a framework for    that growth, even as he acknowledged that not every company or    research effort that receives funding succeeds.  <\/p>\n<p>    Some of these startups are going to fail, but ideas will be    tested and intellectual property will be created, he said.    Failure is not a negative.  <\/p>\n<p>    McCready said a top goal of the program is to develop the next    generation of researchers. The center funds over 500 life    sciences internships each year with about a quarter of those    landing full-time jobs at the company where they interned.  <\/p>\n<p>    He said that talent pool is critical to the next stage in the    life science revolution: bio-manufacturing and digital health.  <\/p>\n<p>    Bio-manufacturing refers to the ability of research labs and    life science companies to take their breakthroughs and start    manufacturing them on a large scale. He pointed to a decision    by Kendall Square-based Alnylam Pharmaceuticals to open a    200,000-square-foot (18,580 square meter) manufacturing space    in Norton, just 45 minutes away.  <\/p>\n<p>    He said the state also is hoping to builds up the digital    health sector, where large sets of scientific data are used to    look for new therapies and how best to deliver those medicines    inexpensively.  <\/p>\n<p>    Today we are the undisputed global leader in the field,    Patrick said this week in a statement to The Associated Press.    Public investment not only catalyzed hundreds of millions of    dollars in private investment and created thousands of jobs,    but contributes meaningfully to the development of life    changing treatments and cures for people around the world.  <\/p>\n<p>    Republican Gov. Charlie Baker is hoping to build on the    initiative. In June, Baker announced a proposal to dedicate    $500 million over five years to continue strengthening the life    sciences with a focus on public infrastructure, research and    development, workforce training and education. Baker said he    will be supporting the public-private partnerships and    strategic investments that have made Massachusetts a global    leader in the life sciences.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read this article:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.recorder.com\/Ex-governor-s-gamble-on-life-sciences-paying-off-11927736\" title=\"Life Science investment paying dividends - The Recorder\">Life Science investment paying dividends - The Recorder<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> BOSTON (AP) In his offices at Boston Childrens Hospital, Leonard Zon is busily developing cutting-edge stem cell therapies surrounded by fellow researchers, lab equipment and 300,000 striped, transparent zebrafish. Zons lab and the zebrafish are the results of an initiative begun nearly a decade ago to make Massachusetts one of the countrys premier life sciences incubators.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/stem-cell-therapy\/life-science-investment-paying-dividends-the-recorder.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-235409","post","type-post","status-publish","format-standard","hentry","category-stem-cell-therapy"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/235409"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=235409"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/235409\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=235409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=235409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=235409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}