Cambridge, Mass – Boston Biomedical, Inc. recently celebrated the relocation of its headquarters to Cambridge, Massachusetts with a grand opening ceremony. Academic, business and government leaders, as well as executives from Dainippon Sumitomo Pharma Co., Ltd. (DSP), the parent company of BBI, joined the celebration.
“We are pleased to celebrate the opening of our new facility, which will greatly expand the efforts of the Boston Biomedical team in our quest for better therapies for cancer,” said Dr. Chiang J. Li, M.D. FACP, the founder, president, and CEO of Boston Biomedical, Inc. “With this facility, and the support of DSP, we intend to make significant progress in translating exciting discoveries in cancer stem cell science into innovative therapeutics for cancer patients.”
Boston Biomedical is focusing on developing the next generation of targeted cancer therapeutics, and is recognized as an industry leader in the creation of drugs designed to target cancer stem cells (CSC) which are highly malignant and considered to be fundamentally responsible for cancer growth, recurrence, drug-resistance and metastasis.
“Investing in education, innovation and infrastructure is a winning growth strategy for Massachusetts and is the reason we lead the world in life sciences” said Governor Deval Patrick. “We welcome Boston Biomedical’s new facility in Cambridge and thank them for their commitment to growing and creating jobs here.”
“We chose Cambridge as the location for Boston Biomedical’s new headquarters to capitalize on the easy access to leading-edge scientific research and technology developed by the surrounding world-class universities and research institutes.” said Mr. Masayo Tada, President and CEO of DSP, and Chairman of Boston Biomedical, Inc. The new, 64,000-square-foot facility is located at 640 Memorial Drive, a historical landmark situated at the epicenter of the region’s life science and technology clusters.
“Despite the great advances in the field of oncology over the past few decades, cancer is the second-most common cause of death in the nation” said Susan Windham-Bannister, Ph.D., President & CEO of the Massachusetts Life Sciences Center, the quasi-public agency tasked with implementing the state’s 10-year, $1-billion Life Sciences Initiative. “We look forward to Boston Biomedical’s continued R&D efforts here in Massachusetts, as they make advances that may hold promise for cancer patients across the world. We also welcome the increased presence of DSP in the Massachusetts life sciences community, part of a growing relationship between the life sciences clusters in Massachusetts and Japan.”
With a new state-of art facility and support from DSP, Boston Biomedical aims to continue to leverage its scientific excellence and leadership in order to advance the development of novel cancer therapeutics.