Life Sciences Initiative 3.0

woman working in lab

On May 7, 2024, we addressed the Honorable Barry R. Finegold and the Honorable Jerald A. Parisella, along with the members of the Joint Committee on Economic Development and Emerging Technologies, to support the third reauthorization of the Massachusetts Life Sciences Initiative, known as Life Sciences Initiative 3.0.

Support LSI 3.0

This correspondence is pivotal as it emphasizes the vital role of government support in driving economic growth, fostering innovation, and advancing workforce development within the state’s life sciences sector. By advocating for a $1 billion investment over the next decade, it highlights Massachusetts’ dedication to upholding its leadership in life sciences research and development. Additionally, it underscores the tangible benefits derived from past iterations of the initiative, such as job creation and infrastructure enhancement, underscoring the imperative for continued investment in this critical industry.