Manufacturing

The biotech industry has become a critical piece of Massachusetts’ economy, but economic headwinds have led to layoffs and empty lab space. MassBio has released a new industry snapshot saying that those layoffs have been offset by new jobs.

Greater Boston — particularly Kendall Square in Cambridge and more recently the Seaport District — has become a global leader in the biotech industry over the past decade and a half, but do the hundreds of local layoffs signify a threat to what has become a critical piece of Massachusetts’ economy? Likely not, say industry leaders, rather, they explain that…