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Boston Biomedical, Inc (BBI), a Massachusetts-based biotech company with a mission to develop the next generation of targeted cancer therapeutics, hosted its grand opening event this week in Cambridge.
Located at 640 Memorial Drive, the company occupies 65,000 square feet and employs approximately 50 people. A great aspect of this company is its passionate commitment to its people. Dr. Chiang Li, President and CEO of BBI noted that during the worst of this most recent economic downturn, they made a variety of tough financial decisions so they did not have to lay off any of their employees. These cost saving measures won them the recognition of most capital efficient company of the year, and one of the most capital efficient biotech companies in history in 2012, by The Venture Capital Journal jointly sponsored by the Wall Street Journal and Reuters.
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