Spheric Bio, a Cambridge company developing a 3D heart implant to help prevent strokes, was awarded $50,000 for winning the M2D2 Challenge, a partnership between UMass Chan Medical School and UMass Lowell.
Large for-profit life sciences companies have called Central Mass. their home for decades. Now, they play an important role in bringing talent, investment, and research to the region.
Researchers across Central Mass. are leading development of cutting-edge ideas and therapies to provide the next generation of solutions to present and future problems.
Space and cost issues have begun to creep into Cambridge and Boston, forcing companies, especially startups, to look outside of the Route 128 belt and increasingly more towards Central Massachusetts.
Biostage, a cell-therapy biotech company based in Holliston, has received $6 million in commitments from investors to accelerate its clinical development program.