The Healey-Driscoll Administration and the Massachusetts Life Sciences Center (MLSC) have launched BioBoost, a program intended to provide funding to expand biomanufacturing and medtech advanced manufacturing operations across Massachusetts. Some $60 million in funding requests came into the program, which has a $3.5-million budget.

Largest of the five grants awarded was $1.4 million to Woburn-based Terrestrial. The funding will support the buildout of what is reportedly the world’s first commercial-scale therapeutic microarray patch manufacturing headquarters. Other grants went to Massachusetts Biomedical Initiatives, RoslinCT, Holobiome and Theromics Inc.

“Expanding manufacturing capacity is essential to sustaining growth in Massachusetts’ life sciences ecosystem,” said Undersecretary of Business Strategies Zenobia Moochhala. “These investments will help companies move faster, create high-quality jobs, and build a more resilient production pipeline across the Commonwealth.”  

Since 2008, the MLSC has deployed more than $1.1 billion in Massachusetts through grants, loans, capital infrastructure investments, tax incentives and workforce development programs

Inland Real Estate Investment Corporation and Devon Self Storage have completed the construction of a 59,837-square-foot Class-A self-storage facility located in Springfield, Massachusetts.

Located at 2155 East Columbus Avenue near a major downtown thoroughfare and the I-91 overpass along the Connecticut River, the property previously served as a historic factory building. The redeveloped facility is comprised of three interconnected buildings encompassing 601 climate-controlled self-storage units, drive-thru unit capability and a 24-hour security system.

“Considered a top underserved market for self-storage in 2024, we are pleased to help close the market’s supply and demand gap and continue our collaboration with Devon to bring top-tier self-storage properties to markets nationwide,” said Keith Lampi, CEO and president of Inland Investments. Inland Investments’ current self-storage portfolio spans more than $1.7 billion in assets under management. Devon currently manages 188 properties with a footprint in 32 states across the country.

Massachusetts Gov. Maura Healey said Friday that deals in principle have been reached to transition operations at four Steward hospitals – Saint Anne’s Hospital, Good Samaritan Medical Center, the Holy Family Hospitals and Morton Hospital – to new operators. The Healey-Driscoll administration will then take control of Saint Elizabeth’s Medical Center in Boston’s Brighton neighborhood through eminent domain to facilitate the transition to a new owner and keep the hospital open.

If the deals are finalized, Lawrence General Hospital will become the new operator for both campuses of Holy Family in Haverhill and Methuen. Lifespan would assume operations of Morton and Saint Anne’s, and Boston Medical Center would take over Good Samaritan, as well as Saint Elizabeth’s after the taking process is complete.

To support the new operators, the Healey-Driscoll administration has worked closely with the Legislature to develop a financing plan that includes cash advances, capital support and maximizing federal matches. These actions do not impact Carney or Nashoba Valley hospitals, which Steward Health announced will close after not receiving qualified bids. 

Pictured: Saint Elizabeth’s.