Last we left Steve Pagliuca he was trying to bring the 2024 Summer Olympics to Boston. That didn’t quite work out, so the Bain Capital cochairman is hoping to make a lasting impact on something much more incontrovertible: maintaining Boston’s lead in the life sciences.
You may have seen the boxy white building going up in Allston next to Harvard Business School. Well, that’s going to be called the Pagliuca Harvard Life Lab, and it will open in November, thanks to a multimillion-dollar donation from Pagliuca and his wife Judy. Both are alumni of the business school.
The 15,000-square-foot lab will act as incubator space for early-stage life sciences companies founded by Harvard faculty, alumni, students, and postdoctoral scholars. The lab joins a growing portfolio of the university’s innovation spaces on Western Avenue, including the Harvard Innovation Lab (i-lab) and Harvard Launch Lab.