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The Boston Globe

Business

Ariad to add HQ, jobs in Kendall Square

Drug maker consolidating after winning approval to market leukemia treatment

Ariad Pharmaceuticals Inc. will build a new corporate headquarters and laboratory complex in Kendall Square, adding to a biotech building boom that is rapidly filling that part of Cambridge with jobs and modern buildings.

The company, which recently won federal approval for its first major drug, will occupy most of two five-story buildings to be built on Binney Street by Alexandria Real Estate Equities Inc.

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