# Massachusetts Awards $40M Life Sciences Incentives

Massachusetts Governor Maura Healey announced a **$40 million** tax incentive program administered by the Massachusetts Life Sciences Center (MLSC) to support 38 life sciences companies statewide, aiming to create over 1,600 new jobs. The program focuses on expanding research, development, and manufacturing operations, with significant growth planned outside traditional hubs like Boston and Cambridge. This initiative reinforces Massachusetts' leadership in the life sciences sector and promotes economic development across multiple communities.

- The incentives target companies expanding operations in cities including Devens, Waltham, Lexington, and Cambridge, indicating geographic diversification within the state.
- Procurement professionals should note increased demand for life sciences infrastructure, manufacturing equipment, and R&D services driven by this funding.
- Contractors and vendors specializing in life sciences manufacturing, technology, and facility development may find new business opportunities aligned with these expansions.
- State agencies and economic development offices are prioritizing job creation and regional growth, signaling potential for future procurement initiatives supporting life sciences clusters.

**Jurisdictions:** sled
**Industries:** Healthcare
**Topics:** Grants & Funding
**Published:** September 29, 2026

### Government Entities
- Massachusetts Life Sciences Center (MLSC)
- Executive Office of Economic Development
- Executive Office for Administration and Finance
- Commonwealth of Massachusetts
- Massachusetts Department of Revenue

### Vendors
- SMC Ltd. (awardee)
- Alloy Therapeutics Inc. (awardee)
- Ardelyx Inc. (awardee)
- AstraZeneca Pharmaceuticals LP (awardee)
- Bristol-Myers Squibb Company (awardee)

### Key Quotes
> Massachusetts leads the world in life sciences because we invest in the people and companies that are creating the jobs, treatments and technologies of the future.
> — Maura Healey, Governor

> The awards reflect our commitment to scaling life sciences companies here in Massachusetts. These companies reinforce that Massachusetts is the best place to invest, expand, and build for the future.
> — Eric Paley, Economic Development Secretary, Co-chair of MLSC Board of Directors

> Our life sciences industry supports good jobs and economic growth in communities across Massachusetts.
> — Kim Driscoll, Lieutenant Governor

### Sources
- [Governor Healey Announces $40 Million to Grow Massachusetts Life Sciences Industry, Create More Than 1,600 Jobs | Mass.gov](https://www.mass.gov/news/governor-healey-announces-40-million-to-grow-massachusetts-life-sciences-industry-create-more-than-1600-jobs) - MA