Archive for July 2020
Flagship-backed startup raises $85M for ‘gene-tuning’ drugs
Omega Therapeutics is developing drugs using a scientific approach that’s seeing renewed interest. Read More
Read MoreDrizly security breach exposes up to 50K delivery addresses
A recent security breach at Drizly, the alcohol delivery startup founded in Boston in 2012, has compromised user information including email address, date of birth, hashed passwords and some delivery addresses, according to an email sent to users by Drizly. Read More
Read MoreEditorial: Local news is the key to a strong democracy
As the scheduled end of the state’s legislative session approaches on July 31, business leaders ought to urge lawmakers to support an act that would create a commission to study journalism in underserved communities. Read More
Read MoreFormer head of equity at state’s marijuana regulator cites lack of support
After two years in the role, the head of the Cannabis Control Commission’s equity program has left over what she said were problems with the program. Read More
Read MoreGE’s once-steady aviation business hit hard by pandemic
The pain caused by the pandemic was felt across GE’s operations, but nowhere more so than aviation. But military aviation continues to see growth — a boost to the GE Aviation facility in Lynn. Read More
Read MoreBizSpotlight: Focus Technology
JULY 28, 2020 —Focus Technology, a leading provide Read More
Read MoreNew investors boost cancer blood-testing firm’s $257M Series B round
Thrive Earlier Detection Corp. hopes to launch a new clinical trial next year. At least 11 new investors, including Bain Capital Life Sciences, contributed to the Series B funding round alongside existing investors. Read More
Read MoreMore residences proposed for Barry’s Corner in Allston
A Boston-based real estate developer has plans to build a 7-story, 270-unit residential building at 180 Western Ave. in Allston, directly across the street from Continuum, a luxury apartment complex with Trader Joe’s grocery store it developed in 2015. Read More
Read MoreCannabis advocates lose last-ditch equity effort
The law that legalized recreational marijuana called for resources to be dedicated to equity efforts, but advocates say three years after the law’s passage, much of those promises remain unfilled. Read More
Read MoreJ.Jill awards bonus to CFO as possible bankruptcy looms
The struggling Quincy-based clothing retailer J.Jill Inc. this week awarded its chief financial officer a retention bonus worth as much as $1 million, even though the company may be only days away from a possible bankruptcy. The Quincy-based retailer lost $70 million last quarter, with a loan forbearance agreement due to expire later this week.…
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