Makoto flees Cambridge, heads to Bedford

By Mass High Tech staff

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Interactive map of Bedford's Crosby Drive tech hub

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Makoto Life Sciences Inc., a small molecule target identification firm, is joining the ranks of Cambridge biotechs moving to the suburbs with its newly leased 20,000 square-foot facility for its headquarters in Bedford.

The move to 15 DeAngelo Drive stemmed from decision factors of accessibility to “employees’ homes, future growth opportunities and economics,” according to a statement from Makoto CEO Terry Russell, released by commercial real estate firm Richards Barry Joyce & Partners.

Applied Biosystems Inc. is subleasing the Bedford space to Makoto.

Founded in 2005, Makoto last made news in 2006 when the company announced a collaboration with Japanese oncology firm Taiho Pharmaceutical Co. Ltd., resulting in the hire of 15 to 20 employees.

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