MASSACHUSETTS
BIOMEDICAL
INITIATIVES

MBI is the longest-running life sciences incubator in the Commonwealth. We help emerging life sciences companies advance from concept to clinical trials, create jobs, and promote economic development.

Incubate

We help emerging life sciences companies advance from concept to clinical trials so they can bring lifesaving products to patients

Companies

Since 2000, MBI has incubated over 188 companies that have created over 1,800 jobs and raised over $1.4 billion

Cluster Building

We support economic and workforce development to create a sustainable ecosystem in Massachusetts

40 STORIES FOR 40 YEARS
To celebrate MBI's 40th anniversary, please join us in celebrating our history and our impact told in 40 stories about MBI through the years.

Success Stories

TransCode Therapeutics

A platform delivery company focusing on oncology, TransCode launched clinical trials while at MBI. The team closed a $30M IPO event while at our incubator and announced an additional $7M IPO shortly after graduating in 2023.

iVexSol

iVexSol, whose mission is to improve patients' lives by developing transformative vector production technologies, graduated from MBI in 2022 with 20+ employees and has raised $40M to date.

Invetx

A veterinary therapeutics company focused on biopharmaceuticals that bring the best of human biotechnology to animal health, Invetx graduated from MBI in 2022 and has raised over $80M+.

79%

Graduate company success rate

197+

Successful MBI Graduate Companies

1801+

Total jobs created

$2B+

Cumulative economic impact

Ready to start your company?

featured news

Conifer Life Sciences Group opens office at MBI

Published in: Worcester Business Journal
March 28, 2025 / Media Coverage

Conifer Life Sciences Group, an investment company, has officially opened an office space within MBI's startup incubator.

More

Leal Therapeutics, an MBI startup raises $45M

Published in: Worcester Business Journal
November 1, 2024 / Media Coverage

Leal Therapeutics, a scaling MBI startup company, has just raised $45M for ALS and schizophrenia treatment

More

latest updates

Why Worcester is the Perfect Launchpad for Life Sciences Startups

April 3, 2025 / Blog

 Starting a life sciences company requires three key elements: affordable, well-equipped lab space, access to top talent, and a strong investment ecosystem... Worcester has all three.

More

MBI Innovator: Jean Qiu wins WBJ Business Leader of the Year

Published in: Worcester Business Journal
March 4, 2025 / Media Coverage

MBI's own Jean Qiu, PhD has won the Worcester Business Journal's 2025 Business Leader of the Year Award! Congratulations Jean! Jean Qiu and her fantastic team have been a part of the MBI community since 2024 and we cannot wait to see what else she accomplishes while at MBI.

More