MA Senate Passes Bio Bill

Xconomy Boston — 

The Massachusetts Senate passed a bill that would funnel $1 billion over 10 years into support for life sciences in the state. The bill, which passed by a 31-7 vote, now goes to the desk of Governor Deval Patrick, who is expected to sign it into law on Monday before heading to San Diego to discuss the new law at the Biotechnology Industry Organization’s annual convention, said Cyndi Roy, a spokeswoman for the Governor. Patrick first introduced the plan at last year’s BIO conference, held in Boston.