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Mica Kanner-Mascolo September 6, 2024

A year and a half after UMass Chan Medical School received official approval to open a Burlington regional campus, school is in session for the first cohort of 32 medical students at UMass Chan-Lahey, a partnership between the Worcester university and Lahey Hospital & Medical Center. 

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Today's Poll

Will the life sciences industry play a bigger role in the Central Mass. economy over the next few years?
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Life sciences has been the hot industry in Central Massachusetts over the last few years, as the region looks to leverage its proximity to the global Cambridge-Boston innovation hub and cement biomanufacturing and biotech as cornerstone industries of the area economy. Major prospective development projects are underway in Worcester, Devens, and Marlborough, as many Central Massachusetts communities hope to capture an industry expansion. Yet, after significant growth in the early 2020s, the life sciences industry has been in a down cycle over the last couple of years, with Greater Boston companies laying off workers and an overbuilt lab market further slowing any new developments. Data released by the Cambridge-based Massachusetts Biotechnology Council in late August shows Worcester County was the sole Massachusetts region to gain biomanufacturing jobs between 2022 and 2023. Worcester County added 279 new jobs, accounting for a 11.8% jump in growth. In contrast, Norfolk, Essex, Middlesex, and Suffolk counties saw a combined loss of 556 jobs. These industry jobs numbers come as leaders await the outcome of the Massachusetts House-passed $1-billion life sciences reauthorization initiative as it stalls in the Senate.

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Book of Lists 2024

Worcester Business Journal's annual Book of Lists is filled cover-to-cover with pure market intelligence on significant businesses and players in the Central Massachusetts economy and community. The 45 lists in this 2024 edition highlight the top companies and professionals in sectors including banking & finance, real estate, manufacturing, health care, education, nonprofits, hospitality, and professionals services. This year's edition even includes three lists never previously published.