Business & Tech

Sudbury Company Given More Than $275K To Create 15 Jobs

A medical equipment manufacturer in Sudbury received more than a quarter of a million dollars tied to job creation.

Rentschler Biopharma Inc. was given a $517,500 state tax incentive to create 23 jobs in Milford.
Rentschler Biopharma Inc. was given a $517,500 state tax incentive to create 23 jobs in Milford. (Google Maps)

SUDBURY, MA — A medical equipment manufacturer in Sudbury received more than a quarter of a million dollars tied to job creation.

Gentuity LLC. Inc. received a $276,000 state tax incentive to create 15 jobs in Milford. The award is part of nearly $40 million in Massachusetts Life Sciences Center tax incentives announced Monday for 38 companies expected to create 1,644 jobs statewide.

The program supports life sciences companies expanding research, development and manufacturing operations in Massachusetts.

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Gentuity LLC at 142 North Rd. was among 31 recipients expanding outside Boston and Cambridge. Those companies account for 71 percent of the jobs expected through the latest round of awards, according to the Healey administration.

“Massachusetts leads the world in life sciences because we invest in the people and companies that are creating the jobs, treatments and technologies of the future,” Gov. Maura Healey said in the announcement.

Find out what's happening in Sudburyfor free with the latest updates from Patch.

The Massachusetts Life Sciences Center program offers incentives to companies that commit to creating and retaining new, long-term jobs in the state. Participating companies have committed to creating more than 22,300 jobs since the center was established.

This year’s recipients include businesses working in artificial intelligence, women’s health, therapeutics, diagnostics, medical technology, research and development and biomanufacturing.

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