Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Wednesday, January 21, 2009

Makoto flees Cambridge, heads to Bedford

By Mass High Tech staff

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.

 

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Comments (1)

Please Login/Register to post comments.

Posted by: sales@c... / Monday, January 26th, 2009 - 9:35 am EST
It looks like the dam has broken and more and more life sciences firms are making the move out of Cambridge and flowing into the suburbs along the 128 North belt and America's Technology Highway. Bedford is even a bit farther from Woburn, Burlington and Wakefield, where many life sciences firms have already discovered works well for them. More of these businesses are finding that the commute is easier, parking is plentiful (and free!) and the rental rates are often half that of Cambridge and those areas deemed "better" because of the city's proximity to MIT. The suburbs offer all of these great benefits and the short commute to and from Boston is often made even easier with on-site and/or nearby public transportation. Welcome to the neighborhood, Makoto, from your new neighbors at Cummings Properties.

On the MHT blog now

Flagsuit wins another NASA Astronaut Glove Challenge

Southwest Harbor, Maine's Peter Homer won $450,000 in NASA's Astronaut Glove Challenge yesterday. This is Homer's second time winning the contest. Homer's first win in 2007 launched his startup, Flagsuit. Flagsuit is developing pressure suits using the same technology as Homer's prizewinning gloves -- for use as a wearable substitute for hyperbaric chambers used to treat conditions such as ...

Read More

Most Popular Stories
EmailedViewed
Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
FinanceFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of, registration on, this site constitutes acceptance of our User Agreement. Please read our Privacy Policy (updated) A publishing partner with Portfolio