Seven companies from Watertown received part of the $24.4 million being awarded by the state to create new jobs in the life sciences industry.
The Healey-Driscoll Administration and Massachusetts Life Sciences Center (MLSC) announced the MLSC Tax Incentive Program program last week. It will provide incentives for 43 life sciences companies, which are expected to create 1,584 jobs, according to the program’s announcement.
The Watertown companies will received between $150,000 and $750,000 in tax incentives and will create a combined 140 jobs.
The Watertown companies receiving the incentives are:
AffiniT Thereapeutics, $375,000, 25 jobs
Corner Therapeutics Inc., $150,000, 10 jobs
Disc Medicine Inc., $150,000, 10 jobs
Enanta Pharmaceuticals Inc., $150,000, 10 jobs
Lyra Therapeutics Inc. $300,000, 20 jobs
Tome Biosciences Inc., $750,000, 50 jobs
Treeline Biosciences Inc., $225,000, 15 jobs.
According to the announcement, 26 of the companies receiving the incentives — which account for 69 percent of the new jobs — are expanding outside of Boston and Cambridge
See the complete list of companies by clicking here.