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

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 2022.

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

188+

Successful MBI Graduate Companies

1801+

Total jobs created

$1.9B+

Cumulative economic impact

Ready to start your company?

featured news

MBI, Venture Forum Launch Spark Mentorship to Support Life Science Entrepreneurs

February 5, 2024 / Press Release

MBI and Venture Forum have launched "Spark," a new, 8-week long mentorship program for early-stage life science entrepreneurs.

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The Petri Dish: Gene therapy startup launches; Thermo Fisher sponsors incubator

Published in: Boston Business Journal
December 14, 2023 / Media Coverage

Thermo Fisher Scientific has teamed up with MBI to provide equipment to startups within the incubator.

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latest updates

Massachusetts Biomedical Initiatives and Thermo Fisher Scientific Announce Sponsorship Agreement for Worcester-Based Incubator

December 14, 2023 / Press Release

The agreement establishes the Thermo Fisher Scientific Instrument Suite at MBI’s Briden Street location, which will be furnished with advanced research equipment, including a qPCR system, fluorescence imaging system and a plate reader, along with supply centers and technical support. Having access to such resources will enable MBI’s incubator tenants to accelerate R&D, produce high-quality data and results and advance progress toward their scientific goals.

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MBI welcomes 6 new startup companies

December 14, 2023 / Blog

On December 13th with the help of some of our current companies, MBI welcomed a total of six new startups to the MBI community!

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