Massachusetts, a top biotech region, faces stagnant growth and expanding competition, prompting focus on Worcester as a biomanufacturing hub. In 2022, life sciences contributed $35 billion to the state GDP, with 116,937 workers in 2023. Worcester, the 15th-largest life science cluster, added 12% more biomanufacturing jobs, making it crucial for further expansion. MassBio aims for a third iteration of the Life Sciences Initiative to maintain leadership in the industry.