See Which Life Sciences Companies Are Getting The $25M State Tax Breaks

12/24/09Follow @xconomy

Quite a few of the companies we cover here at Xconomy received some good fortune this year right before the holidays. These 28 life sciences companies will pocket a total of $25 million in tax incentives, according to a statement from the Massachusetts Life Sciences Center.

Gov. Deval Patrick, who staked a fair bit of his political capital on the 10-year, $1 billion program that provides these tax breaks, noted that the companies have committed to create an estimated 918 jobs in the Bay State over the coming year. The jobs have to be maintained for at least five years, otherwise the state can demand the incentives be fully or partially paid back, according to the statement.

Here’s the full list of tax break recipients, with the biggest winners listed on top:

1. Shire Human Genetic Therapies, Lexington—$6,277,057

2. Genzyme, Cambridge—$6,000,000

3. Cubist Pharmaceuticals, Lexington—$1,740,000

4. Biogen Idec, Cambridge—$1,500,000

5. Merrimack Pharmaceuticals, Cambridge—$1,500,000

6. Sepracor, Marlboro—$750,000

7. InfraReDx, Burlington—$630,000

8. Morgan Advanced Ceramics, New Bedford—$570,000

9. Infinity Pharmaceuticals, Cambridge—$540,000

9T. OmniGuide, Cambridge—$540,000

11. Constellation Pharmaceuticals, Cambridge—$513,252

12. FoldRx Pharmaceuticals, Cambridge—$510,000

13. PharmaSphere, Worcester—$360,000

14. Alnylam Pharmaceuticals, Cambridge—$300,000

14T. Facet Solutions, Hopkinton—$300,000

14T. GTC Biotherapeutics, Framingham—$300,000

14T. Interlace Medical, Framingham—$300,000

14T. NeuroMetrix, Waltham—$300,000

14T. Nova Biomedical, Waltham—$300,000

14T. Still River Systems, Littleton—$300,000

14T. Tolerx, Cambridge—$300,000

22. Zoll Medical, Chelmsford—$267,500

23. Organogenesis, Canton—$245,240

24. Hologic, Bedford—$220,000

25. Lightlab Imaging, Westford—$188,951

26. STD Med, Stoughton—$121,000

27. Dyax, Cambridge—$100,000

28. TEI Biosciences, South Boston—$27,000


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