Word: biotechs
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Provost Steven E. Hyman said yesterday he is pleased with the growing biotech industry in Cambridge, but said it is still too early for the University to consider leasing undeveloped land it owns to biotech companies...
...Biotech giant Novartis AG announced Monday it plans to open a massive research facility in Cambridge this winter that will eventually employ 900 scientists...
Paul Herrling, the new head of corporate research for Novartis, stressed the importance of the Cambridge area as the nexus of the burgeoning biotech industry, with scientists, academics and businesses working together...
Promoting the growth of the biotech industry in and around Boston has been a major goal of University President Lawrence H. Summers, who has said he hopes the Boston area will become the biotech equivalent of Silicon Valley...
...GENE HUNTERS The much hyped biotech industry is finally starting to deliver on its promise, with more small companies shifting from basic research to drug development. That means more jobs, from lab work to medical writing, are in the pipeline as well. Genentech, based in South San Francisco, Calif., is increasing its head count each year by 297, or about 6% annually, hiring everyone from Ph.D.s to community-college grads who can work in manufacturing. Just in the budding field of bioinformatics, in which specialists can make more than $100,000 a year using computers to plow through reams...