Recent News

• WPI, MBI Ink Pact For Incubator
  WPI and Massachusetts Biomedical Initiatives will jointly establish an incubator facility for up to six start-up biomedical companies in an 8,000 square foot space on the ground floor of the WPI Life Sciences and Bioengineering Center, now under construction at Gateway Park in Worcester.
  Worcester Business Journal, July 10, 2006



• WPI Center to Host Latest MBI Project
  Massachusetts Biomedical Initiatives will open its newest business incubator for life science companies next year with a 16-employee anchor tenant and a link to academic researchers at Worcester Polytechnic Institute.
  Worcester Telegram & Gazette, July 6, 2006



• Med Device Startup Newest MBI Tenant
  Consistent Cardiogram Corp., which is developing new heart monitoring technology, said yesterday that it has moved into incubator space at 25 Winthrop St. operated by Massachusetts Biomedical Initiatives, an economic development organization.
  Worcester Telegram & Gazette, June 20, 2006



• Stricking Entrepreneurial Balance: Businesswomen turn barriers into opportunity
  Judy Carmody, president and founder of Avatar Pharmacuetical Services in Worcester, says the demands of starting a business are more pronounced for women because the work day doesn't end when you get home
  Worcester Business Journal, May 1, 2006



• Research Restraint; Current rules can deny critical SBRI grants to biotech startups
  "Without that kind of money, it's often difficult to take a very promising scientific concept and do enough to demonstrate the viability of the concept"
  Worcester Telegram & Gazette, June 17, 2005



• Stem Cell Override Trumps Veto; New law expected to lead to center
  "For a number of small research firms operating in Worcester under the Massachusetts Biomedical Initiatives, the state's new stem cell law will boost their prospects for growth and reinforce earlier decisions to start up their labs in Central Massachusetts"
  Worcester Telegram & Gazette, June 1, 2005



• Life Sciences, in Flux; Two vastly different firms share a common thread as new pillar of economy takes shape
  "The current plight and ongoing success of MBI is indicative of what's occurring outside its walls too. In the small business of larger-than-life sciences, regenerative medicine has lagged behind contract research organizations for years. MBI is a good expample of that trend where a majority of its tenants conduct pharmaceutical industry-related clinical trials. That pendulum is about to swing, however, with two embyronic-stem-cell bills now pending a veto-proof override vote in the state Legislature"
  Worcester Business Journal, May 30, 2005



• Protein-analysis Consortium Forms; UMass-MBI effort attracts former Charles River duo
  "The consortium has established a laboratory at UMass Shrewsbury campus, and the biocomputing end of the operation will be handled by Massachusetts Biomedical Initiatives, a Worcester-based non-profit organization that runs biotech business incubators and possesses an IBM computing center capable of handling the vast amounts of data generated by proteomics studies, UMass reported yesterday"