2025 Power 100: Raphael Nir
Photo | Courtesy of ABI-LAB
Raphael Nir, co-founder & chief science officer at ABI-LAB
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Through his work with SBH and ABI-LAB, Nir provides a number of important resources to biotech companies working on big breakthroughs.
A contract research organization, SBH has worked with more than 50 biotech firms, assisting with preclinical research focused primarily on anti-cancer and anti-inflammatory drug development. The firm played a role in developing Xpovio, a drug treating a rare form of cancer called multiple myeloma.
Of course, all science needs a physical space to happen in, and that's where ABI-LAB’s rentable lab space comes into the picture. Located in an area of Natick best known for its retail shopping, ABI-LAB’s opened a third building to meet growing demand in March, helping further diversify the town’s economy in the process.
Since opening its first building in 2016, ABI-LAB tenants have raised more than $3.3 billion in early-stage and late-stage funding, bringing 400 jobs to Natick in the process. The space, which allows firms to tap into Massachusetts’ talent without paying Boston-area rents, has attracted interest from firms all over the world, with 20% of its tenants being international companies who use the space as their U.S. headquarters.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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