The Massachusetts Biotechnology Council (MassBio) has issued an annual report claiming that the commonwealth “continues to outpace other states and countries for biotechnology industry growth and investment.” The “2011 MassBio Biotechnology Industry Snapshot” asserts that biopharma jobs in Massachusetts totaled 48,000 in 2010, with 26,000 in research and development. According to the report, the commonwealth’s biotech companies received “an all-time high” 23.1 percent share of all U.S. investment capital last year, with startup and seed-stage investments surpassing 2002 and 2006, previous years for which data were available

Other highlights in the report include that (i) Massachusetts’ 2010 record biopharma industry employment accounts for a $4.6 billion payroll, (ii) biopharma companies headquartered in the commonwealth account for about 10 percent of the U.S. drug development pipeline and 5 percent of the global pipeline, and (iii) Middlesex County has the greatest number of biotechnology researchers in the country, with Suffolk, Essex and Worcester counties among the highest. See MassBio Press Release, September 27, 2011.