Archive for April 2020

One of the industry’s highly watched neuroscience drugmakers is cutting more than half of its workforce as it works to revive hope for its sophomore drug candidate and weather a drop in sales. Read More

Businesses across the state are resorting to layoffs and furloughs as the coronavirus pandemic continues to restrict cashflow. Read More

"Honest to God, there are dozens of targets we could hit. We can afford to be generous and give a partner like Roche whatever they want," Arrakis CEO Michael Gilman said of the Roche collaboration, in which the privately held startup will help Roche develop drugs that target RNA, the element inside molecules that uses…

“There is not enough sugar on the planet to sugarcoat this: We’re a company that feeds meetings, and meetings are not happening much right now … We were crushing our 2020 plan, until coronavirus hit.” Read More

Gov. Charlie Baker said he’s sending $400 million to cash-strapped hospitals serving some of the state’s most vulnerable residents, infusing the sector with money to stave off coronavirus-driven operating losses. Read More

Gov. Charlie Baker said he’s sending $400 million to cash-strapped hospitals serving some of the state’s most vulnerable residents, infusing the sector with money to stave off coronavirus-driven operating losses. Read More

A limited number of local banks are now accepting applications for the Paycheck Protection Program (PPP) from small businesses that are not existing customers, offering some hope to those business owners scrambling to find a lender before the $349 billion program runs out of money. Read More

The pounding it’s taking from small-business clients is mounting by the hour as it remains more or less on the PPP sidelines. Read More

The CEO of the internet giant encouraged business leaders to ramp up their enterprise security resources as the pandemic is expanding the range of cyberthreats that most companies with a remote workforce might face. Read More

Collectively, community colleges in the commonwealth have spent $17 million dollars so far on training faculty to transition to remote learning, buying laptops for students in need and cleaning buildings. Read More