Archive for June 2021

Boston Mayor Kim Janey on Monday announced the city plans to create a task force to review and update the city’s voluntary payment in lieu of taxes (PILOT) program for Boston’s wealthiest charitable institutions. The task force’s first charge will be to improve the community benefits component of the PILOT program, which currently encompasses a…

Another gene therapy for progressive vision loss developed by Biogen Inc. (Nasdaq: BIIB) has failed in a late-stage clinical trial, the company announced Monday. Read More

SBA’s recent court losses have frozen grants to thousands of businesses. Here’s what restaurants need to know. Read More

A year after protests calling for racial justice filled cities across the country, the Mass. legislature held the first public hearing of the Joint Committee on Racial Equity, Civil Rights, and Inclusion to prioritize legislation that promotes racial justice. Read More

Shares of iTeos Therapeutics jumped by more than 35% on the news that it has licensed its cancer antibody to pharmaceutical giant GlaxoSmithKline, which is paying $625 million up front for the drug. Read More

Akamai Technologies Inc. has hired a new security executive shortly after announcing a reorganization of its business meant to facilitate the growth of its security segment, which has been key to the bottom line of the company in recent years. Read More

Earlier this spring, Flagship Pioneering decided to reopen its latest fund for further investment. In just two months’ time, it nearly tripled that fund’s size, easily a record for the venture capital and creation firm. Read More

The state’s highest court has sided in favor of Barstool Sports in a lawsuit brought by Somerville’s mayor in which the New York City-based media outlet published an interview it obtained under false pretenses. The court ruled that even though the Barstool interviewer, Kirk Minihane, lied about his identity — pretending to be Boston Globe…

A former chief global medical affairs officer at Johnson & Johnson has jumped ship to Moderna Inc. Read More

Founded with the mission to improve attendance rates for students ages K-12, this AI-driven behavioral-science startup uses two-way text messaging chat bots to communicate with families. Read More