MassBio’s 2019 Industry Snapshot report shows that the Massachusetts biopharma industry experienced the highest year-over-year employment growth in over a decade, adding over 4,300 new jobs from 2017 to 2018 for 6.4% growth. Over the last 10 years, employment has grown 35%, adding nearly 20,000 jobs. When looking at just biotech research & development (R&D), employment growth is nearly 50%.

Additionally, investment in the industry again reached an all-time-high, with $4.8 billion of venture capital (VC) investment in Massachusetts biopharma companies in 2018. 

Download the 2019 MassBio Industry Snapshot here.