An industry with a family tree: Much of Maine’s biotech industry grew out of two firms

Like some of its products, cultivated from the cells, strands and science of living organisms, Maine’s biotechnology industry has grown organically.

It dates to the mid-1970s founding of Ventrex Laboratories Inc., a diagnostic testing company in Portland, and the now-defunct Foundation for Blood Research.

Those two organizations led to the creation of more than 20 biotech businesses, says Gary Goodrich, a board member of the Bioscience Association of Maine. Today, more than 200 bioscience-related companies and organizations call the state home.

“Maine’s industry is a little cluster,” Goodrich says. “It crosses a lot of different areas.” Read more

Related Posts

Husson creates institute for leadership and workforce development

Husson University in Bangor has launched an institute dedicated to strategic leadership and workforce development training and education.  Founded by the...

21 February 2023

Swiss optics supplier acquires Portland-based Gray Optics

The acquisition of Gray Optics in Portland by a Swiss photonics firm expands the latter’s presence in the U.S. while allowing...

17 February 2023

ElleVet Sciences, the Leading Pet CBD+CBDA Brand in the United States, Expands into Europe 

PORTLAND, Maine, Feb. 15, 2023 /PRNewswire/ — ElleVet Sciences announced today that it is expanding its global reach with its new European Headquarters...

15 February 2023