BOSTON HAS benefited from an unexpected positive development in the last decade. Where we used to be simply the Hub of Biotech, we have suddenly turned into the Hub of the (Big) Pharma Universe.
How did this come to pass? Boston has historically been home to the best research universities, and the most innovative startup and mature biotechs. All of a sudden, during the last decade, things changed. Large pharma bet big on Boston: Many of the top 20 international pharmaceutical companies established research (and in some cases, corporate) headquarters in the Boston area.