In the last three decades, Kendall Square has been transformed from a former industrial district to one of the world's leading centers for biotech research and innovation.
Boston is #1 in the world;
Kendall Square is #1 in Boston.
World's Top 19 Biotech Center
1. Boston & Cambridge, Massachusetts
[mandritoiu/Adobe Stock]
- Innovation Landscape: A powerhouse in the biotech and education sectors, with more than 1,000 biotech companies, ranging from small startups to billion-dollar firms. Robust patent activity.
- Academic Pedigree: Home to top-tier universities such as MIT and Harvard, which feed the regional innovation network with a constant flow of scientific talent and research.
- Investment Environment: A major hub for VC activity, particularly in the biotech sector, underscoring the region’s attractiveness to investors.
- Living Costs: High, reflecting the area’s status as a competitive innovation hub and its high concentration of top-tier institutions and companies.
- Talent Pool: Rich in highly qualified STEM graduates and researchers, nourished by the area’s academic institutions and thriving in areas like Kendall Square and the Longwood area of Boston, both dense with life science industry activity. The area is home to more than 1,000 biotechnology companies, ranging from small startups to heavyweights.
