Learn about the Commonwealth’s temporary Emergency Assistance Intake Center in Devens. More information here.

MassDevelopment

Berkshire Sterile Manufacturing

Berkshire Sterile

Berkshire Sterile Manufacturing (BSM) is committed to making safer drug products. The biopharma start-up needed funds to buy and renovate a 116,000-square-foot building in Lee and acquire new drug manufacturing equipment. MassDevelopment issued a $4,083,000 bond on BSM’s behalf, enhancing the financing package with mortgage and insurance guarantees. Berkshire Bank purchased the bond. The funds enabled BSM to create a state-of-the-art facility with cleanrooms, labs, and work areas for product formulation and packaging. The project will bring both jobs and a new industry to western Massachusetts.