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Robert brown

Massachusetts’ health care cost containment option could affect life sciences economy

A House-Senate conference committee on Beacon Hill will soon make decisions about the health care industry in Massachusetts. While the focus of the committee’s work is cost containment, the outcome of those deliberations may have larger implications that could affect our state’s ability to compete in the international life sciences economy.

This concern comes to mind in the wake of the recent BIO Convention, which brought 15,000 biotechnology professionals from around the globe to Boston. Many visitors asked what led to the growth of the life sciences and biotechnology sector here and why so many of the leading life sciences companies decided to locate here.

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