WSAR NEWS

Fall River's InvaGen pharmaceutical company gets $1.8M to create 70 new jobs

A pharmaceutical company nestled in Fall River’s Industrial Park is one of 33 life science companies in the state to receive tax incentive awards secured by the Healey-Driscoll administration and the Massachusetts Life Sciences Center. 

 

True to MLSC’s latest tax incentive program intended to bolster life science industry jobs, with a goal of adding 1,519 in the state, InvaGen Pharmaceuticals Inc. will receive a $1,795,000 share of the $29.9 million tax incentive awards, and is on track to create 70 new jobs in the city. 

 

“The world looks to Massachusetts for the future of life sciences because we have built an ecosystem where innovative research, exceptional talent and public-private partnerships come together to drive significant progress,” said Gov. Maura Healey in a release. “We are creating new jobs and ensuring that the next generation of scientific breakthroughs are being developed right here in our state.”

 

Read more at heraldnews.com.

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