May 1, 2007
State responsibility to researchers
By Cory Hopkins
The commonwealth must provide local incubators with shared space and equipment that maximize research capabilities while minimizing cost to researchers, and help fledgling biotechnology businesses get off the ground and ultimately stay in the Bay State, said Daniel O'Connell, Massachusetts secretary of housing and economic development.
"Our responsibility is two-fold," O'Connell said. "We need to create solutions that lead to the kind of collaboration and cooperation between academia, research and business that we need to succeed."
O'Connell toured Worcester's new Gateway Park biotechnology research facility on Prescott Street Monday. Worcester Polytechnic Institute runs the facility. He also toured shared laboratory and office facilities run by Massachusetts Biomedical Initiatives across from the University of Massachusetts Medical School.
Several leaders of small biotechnology companies currently struggling to emerge from BMI incubator facilities and into commercial space of their own complained to O'Connell about a lack of state funding and usable tax incentives for biotech companies.
O'Connell was accompanied by State Sen. Harriette L. Chandler, D-Worcester, who called for a unique set of regulatory rules for biotechnology initiatives, given the specialized facilities and equipment required for research. O'Connell said he would consider the idea.
"Our responsibility is two-fold," O'Connell said. "We need to create solutions that lead to the kind of collaboration and cooperation between academia, research and business that we need to succeed."
O'Connell toured Worcester's new Gateway Park biotechnology research facility on Prescott Street Monday. Worcester Polytechnic Institute runs the facility. He also toured shared laboratory and office facilities run by Massachusetts Biomedical Initiatives across from the University of Massachusetts Medical School.
Several leaders of small biotechnology companies currently struggling to emerge from BMI incubator facilities and into commercial space of their own complained to O'Connell about a lack of state funding and usable tax incentives for biotech companies.
O'Connell was accompanied by State Sen. Harriette L. Chandler, D-Worcester, who called for a unique set of regulatory rules for biotechnology initiatives, given the specialized facilities and equipment required for research. O'Connell said he would consider the idea.
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