Market Highlights
- BioMed Realty acquired the ground lease for MIT’s 730-750 Main Street complex in Kendall Square for $361.5 million, with MIT retaining land ownership and BioMed securing a $181.0 million loan.
- Boston Scientific has completed its acquisition of Axonics, a medical technology company specializing in devices for urinary and bowel dysfunction.
- MassBio's five-year "Vision 2030" plan aims to boost Massachusetts' GDP by $1.0 billion and create hundreds of biopharma jobs by supporting early-stage biotech startups and fostering investment through initiatives like a dedicated seed fund.