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Worcester Chamber CEO/President Tim Murray on Need for Lab Space
Worcester Regional Chamber of Commerce President and CEO Tim Murray discusses key challenges and opportunities facing the city's business community. The conversation addresses the shortage of lab space for biotech startups, with only 8% of companies from the Massachusetts Biomedical Initiatives (MBI) remaining in Worcester due to factors including high property tax rates and lack of available space. Murray highlights recent successes including AbbVie's major expansion, the well-attended Game Changers Business Conference and Expo focused on housing development, and ongoing efforts to attract…
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