# Spain Is Buying Into Boston Biotech at the Bottom, With Japan as a Warning

- slug: spain-is-buying-into-boston-biotech-at-the-bottom-with-japan-as-a-warning
- date: 2026-04-17
- category: Biotech & Life Sciences

Spain planted $57M in sovereign capital inside the Boston biotech cluster last week, targeting a $200M fund, while 14 local life sciences firms cut 745 jobs in the same quarter. Madrid is also opening its eighth US trade office in Massachusetts this summer.

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