MassBio Upgrades Newton To Platinum BioReady Community

Newton MA

22 October, 2021

11:48 AM

Description

NEWTON, MA — The Massachusetts Biotechnology Council has upgraded Newton to a Platinum BioReady Community, the highest designation. Newton's designation signifies that the city has biotech and life sciences friendly zoning, a streamlined permitting process, and robust infrastructure. MassBio's designations also showcase Massachusetts communities that are ready to host new life sciences research and manufacturing facilities, which brings high salaried jobs, support for small businesses, and long-term sustainability for local communities. "Achieving the Platinum BioReady designation is both important and exciting for Newton. Bywelcoming more life sciences companies, we capitalize on Newton residents' skills and experience, and help our biotech ecosystem flourish, said Mayor Ruthanne Fuller in a statement. We're seeing great life sciences and biotechnology activity in Newton, including the Lab Shares incubators, UMass's Mount Ida Innovation and Collaboration Space, STC Biologics, Allena Pharmaceuticals, Acer Therapeutics, Karyopharm, and more." We are looking forward to welcoming more life science companies to Newton, at Riverside, in Nonantum, within the Wells Avenue Office Park, and beyond," she continued. The City of Newton joins the other 33 Platinum communities, as well as 22 Goldcommunities, 11 Silver and 22 Bronze. To learn more and view full ratings criteria, click here.