Life Sciences, Regenerative Medicine, Biotech

Acceleron Pharma Grows Staff, Facilities

Ryan McBride 5/1/09

Acceleron Pharma, a Cambridge, MA-based developer of biotech drugs designed to effect the growth of cells and tissues to treat diseases, plans to expand its workforce from 114 people now employed at the company to 160 or more workers by the end of 2009, company spokesman Steven Ertel says. The venture-backed biotech firm held an event today to celebrate the opening of its second Cambridge facility, where it keeps its corporate headquarters and one of its two protein manufacturing operations, according to a press release. The firm is also leasing 19,700 square feet of lab and office space in a third facility in Cambridge, bringing its total footprint in the city to 95,000 square feet, Ertel says.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.