News: Spotlights

Millennium: The Takeda Oncology Co.

Millennium: The Takeda Oncology Co. is focused on discovering and developing breakthroughs in oncology that will become important new therapies for patients around the world. A leading biopharmaceutical company, Millennium has a robust clinical development pipeline of product candidates. In particular, the company develops and markets VELCADE for injection, the first-in-class proteasome inhibitor and a global, market-leading cancer therapy for the treatment of patients with multiple myeloma and relapsed mantle cell lymphoma. The company continues to maintain an entrepreneurial culture of the best and brightest talent, who passionately strive to exceed their goals. Additional information about Millennium is available through its website, www.millennium.com. Millennium was founded in 1993 as a genomics company and opened its first laboratory in Kendall Sq. Now the company has grown into a fully-integrated biopharmaceutical company with a pipeline of innovative molecules focused in oncology. It is headquartered on Landsdowne St. with both laboratory and office space. Millennium has 875 employees onsite. As Millennium builds an oncology center of excellence here in Cambridge, the company will be adding resources and expertise that enhances its ability to manage a robust pipeline. The long-term vision is to become a top oncology company by 2020. Millennium selected Cambridge for its headquarters as it's the hub of biotechnology innovation. Additionally, it's conveniently located close to the talent pool and academic environments of MIT and Harvard University. Millennium was acquired by Takeda Pharmaceutical Co. Ltd. in May of 2008 and took on a new name, Millennium: The Takeda Oncology Co. Founded in 1781 and located in Osaka, Japan, Takeda is research-based, global company with its main focus on pharmaceuticals. As the largest pharmaceutical company in Japan with an important global presence, Takeda is committed to striving toward better health for individuals and progress in medicine by developing superior pharmaceutical products. According to Rick Appleton, senior director of facilities planning and engineering, "An opportunity exists when science, medicine, drug discovery and development come together to move boundaries forward and push into new areas. We can bring better outcomes for patients by creating new therapies for diseases. As a company, our future for impacting cancer as a disease is bright. Our researchers are relentless about developing new and innovative therapies that change the game. All of us share the same focus: to fundamentally change the lives of those touched by cancer." Millennium is an active member of the Cambridge Chamber of Commerce and Appleton serves on its board of directors. In fact, this year Millennium was awarded Corporate Citizen of the Year by the Cambridge Chamber. Additionally, Millennium is a corporate member of the Museum of Science and Deborah Dunsire (president and CEO) serves on its board of directors, and Laurie Keating serves on the Mass. Biotech Council board of directors. Millennium also participates in local activities including the Cambridge Science Fair, Community Service Day, Mass. State Science Fair and Green Sts.
MORE FROM Spotlights
Spotlights

The New England Real Estate Journal presents the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary