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Biotech’s next destination: Why not Lynn?

By November 14, 2022No Comments

Affectionately known as an industrial hub hundreds of years ago, Lynn became known as the “shoe center of the new world” by the 1800s, thanks to the establishment and growth of the first tannery in the US in the mid-1600s. The exponential economic growth led corporations, such as Edison General Electric, to move to Lynn in 1862. With the economic boom also came hopeful residents from around the world who wanted to be a part of a thriving community. (GE Aviation, by the way, remains the city’s largest private employer to this day.)

Fast forward to today, Lynn is laser-focused on bringing the life sciences and innovation economy to Lynn. The city, in partnership with its economic development arm – Economic Development & Industrial Corporation (EDIC Lynn) – has shown itself to be a burgeoning space for businesses and industries to grow. With a workforce historically rooted in manufacturing, this hub should be the next destination for biotech and biomanufacturing growth and prosperity.

Earlier this month, over 60 business and community leaders convened in Lynn with the Massachusetts Life Sciences Center and MassBIO to see the potential and capacity the city has to support the needs of the biotech community. So, we’re here to make the case: Why not Lynn?

Read the full story in Commonwealth Magazine.